The Goldman Sachs Group, Inc. (NYSE:GS) Holdings Increased by Semus Wealth Partners LLC

Semus Wealth Partners LLC lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 1.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,137 shares of the investment management company’s stock after acquiring an additional 40 shares during the period. Semus Wealth Partners LLC’s holdings in The Goldman Sachs Group were worth $824,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Albert D Mason Inc. lifted its holdings in The Goldman Sachs Group by 4.3% during the 4th quarter. Albert D Mason Inc. now owns 662 shares of the investment management company’s stock valued at $255,000 after purchasing an additional 27 shares during the last quarter. Mayflower Financial Advisors LLC raised its stake in shares of The Goldman Sachs Group by 1.4% in the fourth quarter. Mayflower Financial Advisors LLC now owns 1,970 shares of the investment management company’s stock valued at $760,000 after acquiring an additional 28 shares during the last quarter. Samalin Investment Counsel LLC boosted its holdings in shares of The Goldman Sachs Group by 3.5% in the 3rd quarter. Samalin Investment Counsel LLC now owns 894 shares of the investment management company’s stock worth $289,000 after acquiring an additional 30 shares in the last quarter. Hamilton Capital LLC grew its position in The Goldman Sachs Group by 4.3% during the 3rd quarter. Hamilton Capital LLC now owns 727 shares of the investment management company’s stock worth $235,000 after acquiring an additional 30 shares during the last quarter. Finally, Financial Management Professionals Inc. increased its holdings in The Goldman Sachs Group by 20.4% during the 4th quarter. Financial Management Professionals Inc. now owns 177 shares of the investment management company’s stock valued at $68,000 after purchasing an additional 30 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on GS shares. JMP Securities reissued a “market outperform” rating and set a $440.00 price objective on shares of The Goldman Sachs Group in a report on Wednesday, January 17th. UBS Group raised their price target on shares of The Goldman Sachs Group from $382.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, January 9th. BMO Capital Markets upped their price objective on The Goldman Sachs Group from $357.00 to $360.00 and gave the stock a “market perform” rating in a report on Thursday, January 18th. HSBC increased their price objective on The Goldman Sachs Group from $432.00 to $460.00 and gave the company a “buy” rating in a research report on Thursday, March 28th. Finally, Edward Jones started coverage on The Goldman Sachs Group in a research report on Tuesday, February 27th. They set a “buy” rating for the company. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and a consensus price target of $411.10.

Read Our Latest Research Report on GS

The Goldman Sachs Group Stock Up 0.9 %

Shares of GS traded up $3.85 during midday trading on Wednesday, hitting $414.00. The stock had a trading volume of 1,540,457 shares, compared to its average volume of 2,316,328. The firm has a market cap of $134.36 billion, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 1.59 and a beta of 1.43. The company has a 50 day simple moving average of $391.25 and a two-hundred day simple moving average of $359.92. The Goldman Sachs Group, Inc. has a twelve month low of $289.36 and a twelve month high of $419.20. The company has a debt-to-equity ratio of 2.29, a current ratio of 0.76 and a quick ratio of 0.76.

The Goldman Sachs Group (NYSE:GSGet Free Report) last issued its quarterly earnings results on Tuesday, January 16th. The investment management company reported $5.48 earnings per share for the quarter, topping the consensus estimate of $3.62 by $1.86. The company had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $10.80 billion. The Goldman Sachs Group had a net margin of 7.85% and a return on equity of 8.03%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the business earned $3.32 EPS. On average, analysts anticipate that The Goldman Sachs Group, Inc. will post 33.13 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, February 29th were given a dividend of $2.75 per share. This represents a $11.00 annualized dividend and a dividend yield of 2.66%. The ex-dividend date was Wednesday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is 48.20%.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Brian J. Lee sold 3,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $376.39, for a total transaction of $1,129,170.00. Following the sale, the insider now directly owns 10,121 shares of the company’s stock, valued at $3,809,443.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CAO Sheara J. Fredman sold 4,300 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $380.15, for a total transaction of $1,634,645.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,463 shares in the company, valued at approximately $4,357,659.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Brian J. Lee sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 17th. The stock was sold at an average price of $376.39, for a total value of $1,129,170.00. Following the transaction, the insider now directly owns 10,121 shares in the company, valued at $3,809,443.19. The disclosure for this sale can be found here. Insiders have sold a total of 38,907 shares of company stock worth $15,080,021 in the last 90 days. Corporate insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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