The Goldman Sachs Group, Inc. (NYSE:GS) Shares Purchased by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC raised its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 5.2% during the 4th quarter, HoldingsChannel reports. The firm owned 5,655 shares of the investment management company’s stock after acquiring an additional 279 shares during the period. Quotient Wealth Partners LLC’s holdings in The Goldman Sachs Group were worth $3,238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of GS. Brookstone Capital Management lifted its stake in shares of The Goldman Sachs Group by 19.9% in the 3rd quarter. Brookstone Capital Management now owns 4,582 shares of the investment management company’s stock worth $2,268,000 after acquiring an additional 761 shares during the period. Private Advisory Group LLC purchased a new position in The Goldman Sachs Group during the third quarter worth about $293,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position in The Goldman Sachs Group by 28.3% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 32,956 shares of the investment management company’s stock valued at $16,312,000 after purchasing an additional 7,261 shares during the period. Wynn Capital LLC boosted its holdings in The Goldman Sachs Group by 0.9% in the 3rd quarter. Wynn Capital LLC now owns 5,857 shares of the investment management company’s stock valued at $2,900,000 after purchasing an additional 50 shares in the last quarter. Finally, FARMERS & MERCHANTS TRUST Co OF LONG BEACH raised its stake in shares of The Goldman Sachs Group by 5.3% during the 3rd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 8,597 shares of the investment management company’s stock worth $4,256,000 after buying an additional 432 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In other news, insider Alex S. Golten sold 5,208 shares of The Goldman Sachs Group stock in a transaction that occurred 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 sale, the insider now owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. The trade was a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Treasurer Carey Halio sold 1,545 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total value of $965,115.15. Following the completion of the sale, the treasurer now owns 8,192 shares in the company, valued at approximately $5,117,296.64. This represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 31,475 shares of company stock worth $19,692,543 in the last 90 days. 0.54% of the stock is currently owned by company insiders.

The Goldman Sachs Group Price Performance

GS opened at $655.76 on Friday. The Goldman Sachs Group, Inc. has a 52-week low of $375.20 and a 52-week high of $663.87. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32. The company has a market cap of $203.58 billion, a P/E ratio of 16.17, a P/E/G ratio of 0.91 and a beta of 1.39. The company has a 50 day moving average of $600.00 and a two-hundred day moving average of $546.46.

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

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is 29.59%.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Citigroup increased their price objective on The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. upped their target price on shares of 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. UBS Group lifted their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a “neutral” rating in a research report on Tuesday, January 21st. Keefe, Bruyette & Woods raised their price objective on The Goldman Sachs Group from $686.00 to $690.00 and gave the company an “outperform” rating in a research note on Thursday, January 16th. Finally, Evercore ISI lifted their price target on The Goldman Sachs Group from $520.00 to $575.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $591.06.

About The Goldman Sachs Group

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.