Capital Advisors Inc. OK Has $293,000 Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Capital Advisors Inc. OK increased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 26.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 512 shares of the investment management company’s stock after acquiring an additional 107 shares during the period. Capital Advisors Inc. OK’s holdings in The Goldman Sachs Group were worth $293,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mizuho Securities USA LLC raised its stake in shares of The Goldman Sachs Group by 30,068.9% in 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 purchasing an additional 7,475,140 shares during the last quarter. Fisher Asset Management LLC grew its holdings 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 in the last quarter. FMR LLC raised its position in The Goldman Sachs Group by 21.9% in the 3rd 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in The Goldman Sachs Group by 1.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,707,632 shares of the investment management company’s stock valued at $845,466,000 after buying an additional 18,541 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in The Goldman Sachs Group by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 1,660,088 shares of the investment management company’s stock valued at $898,428,000 after acquiring an additional 62,246 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GS. Citigroup upped their target price on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a research note on Thursday, November 21st. HSBC downgraded shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating and upped their price objective for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. Keefe, Bruyette & Woods boosted their target price on The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an “outperform” rating in a research note on Thursday, January 16th. Morgan Stanley increased their price target on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Finally, JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and a consensus target price of $591.06.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $649.17 on Thursday. The stock has a fifty day moving average of $601.88 and a 200-day moving average of $549.42. The stock has a market cap of $201.53 billion, a PE ratio of 16.01, a price-to-earnings-growth ratio of 0.91 and a beta of 1.39. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67. The Goldman Sachs Group, Inc. has a fifty-two week low of $375.20 and a fifty-two week high of $663.87.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating the consensus estimate of $8.21 by $3.74. The firm had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The company’s revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the business posted $5.48 earnings per share. Equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is 29.59%.

Insider Activity

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $636.74, for a total value of $2,317,733.60. Following the completion of the transaction, the treasurer now owns 4,552 shares of the company’s stock, valued at $2,898,440.48. The trade was a 44.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alex S. Golten sold 5,208 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the completion of the transaction, the insider now directly owns 3,545 shares in the company, valued at $2,255,506.25. The trade was a 59.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,475 shares of company stock worth $19,692,543 in the last three months. Corporate insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Company 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.