Fulcrum Capital LLC Makes New $286,000 Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Fulcrum Capital LLC purchased a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 500 shares of the investment management company’s stock, valued at approximately $286,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Mizuho Securities USA LLC lifted its holdings in shares of The Goldman Sachs Group by 30,068.9% during the third quarter. Mizuho Securities USA LLC now owns 7,500,000 shares of the investment management company’s stock worth $3,713,325,000 after buying an additional 7,475,140 shares during the last quarter. Fisher Asset Management LLC grew its stake in The Goldman Sachs Group by 2.7% during the third quarter. Fisher Asset Management LLC now owns 6,042,640 shares of the investment management company’s stock worth $2,991,772,000 after buying an additional 161,133 shares during the last quarter. FMR LLC raised its holdings in shares of The Goldman Sachs Group by 21.9% in the third quarter. FMR LLC now owns 2,898,637 shares of the investment management company’s stock valued at $1,435,144,000 after buying an additional 521,054 shares during the last quarter. Legal & General Group Plc grew its holdings in The Goldman Sachs Group by 2.9% during the 2nd quarter. Legal & General Group Plc now owns 2,780,338 shares of the investment management company’s stock worth $1,257,602,000 after acquiring an additional 77,700 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in The Goldman Sachs Group by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,117,311 shares of the investment management company’s stock valued at $957,684,000 after acquiring an additional 68,141 shares in the last quarter. Institutional investors own 71.21% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on GS. Wolfe Research upgraded shares of The Goldman Sachs Group to a “hold” rating in a research report on Wednesday, September 18th. Morgan Stanley lifted their target price on The Goldman Sachs Group from $560.00 to $570.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. UBS Group restated a “neutral” rating and set a $610.00 target price on shares of The Goldman Sachs Group in a research note on Monday, January 6th. Hsbc Global Res lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, Barclays increased their target price on shares of The Goldman Sachs Group from $588.00 to $713.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $569.31.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Brian J. Lee sold 2,000 shares of The Goldman Sachs Group stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of $530.90, for a total value of $1,061,800.00. Following the completion of the transaction, the insider now directly owns 10,095 shares of the company’s stock, valued at approximately $5,359,435.50. The trade was a 16.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Sheara J. Fredman sold 2,974 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $594.51, for a total transaction of $1,768,072.74. Following the completion of the transaction, the chief accounting officer now owns 8,489 shares of the company’s stock, valued at approximately $5,046,795.39. The trade was a 25.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,940 shares of company stock worth $13,717,979 in the last ninety days. 0.54% of the stock is owned by company insiders.

The Goldman Sachs Group Price Performance

NYSE:GS traded up $0.84 during trading hours on Monday, hitting $560.84. The stock had a trading volume of 1,191,593 shares, compared to its average volume of 1,913,108. The Goldman Sachs Group, Inc. has a one year low of $372.07 and a one year high of $612.73. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $176.05 billion, a price-to-earnings ratio of 16.46, a P/E/G ratio of 0.85 and a beta of 1.38. The company has a 50 day simple moving average of $583.74 and a two-hundred day simple moving average of $525.91.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Tuesday, October 15th. The investment management company reported $8.40 earnings per share for the quarter, beating analysts’ consensus estimates of $6.89 by $1.51. The company had revenue of $12.70 billion for the quarter, compared to analysts’ expectations of $11.77 billion. The Goldman Sachs Group had a return on equity of 11.39% and a net margin of 9.89%. The Goldman Sachs Group’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm posted $5.47 EPS. Research analysts forecast that The Goldman Sachs Group, Inc. will post 37.06 earnings per share for the current fiscal year.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.