1,486 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Bought by Crumly & Associates Inc.

Crumly & Associates Inc. purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the fourth quarter, Holdings Channel.com reports. The fund purchased 1,486 shares of the investment management company’s stock, valued at approximately $851,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stephens Consulting LLC purchased a new stake in The Goldman Sachs Group in the fourth quarter worth $26,000. Asset Planning Inc bought a new position in The Goldman Sachs Group in the fourth quarter worth $29,000. DT Investment Partners LLC raised its holdings in The Goldman Sachs Group by 110.0% in the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock worth $31,000 after purchasing an additional 33 shares in the last quarter. Truvestments Capital LLC bought a new position in The Goldman Sachs Group in the third quarter worth $34,000. Finally, Capital Performance Advisors LLP bought a new position in The Goldman Sachs Group in the third quarter worth $38,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on GS shares. Barclays increased their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Hsbc Global Res downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. UBS Group increased their price objective on The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a report on Tuesday, January 21st. Morgan Stanley increased their price objective on The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Finally, Oppenheimer reduced their price target on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and a consensus target price of $593.56.

The Goldman Sachs Group Trading Down 3.8 %

The Goldman Sachs Group stock opened at $642.81 on Friday. 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 Goldman Sachs Group, Inc. has a one year low of $381.26 and a one year high of $672.19. The stock has a market capitalization of $200.58 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 0.93 and a beta of 1.39. The business’s fifty day moving average is $610.78 and its 200 day moving average is $556.55.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data 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 return on equity of 13.30% and a net margin of 11.32%. The company had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. During the same period last year, the firm posted $5.48 earnings per share. The Goldman Sachs Group’s revenue was up 22.5% compared to the same quarter last year. On average, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a $3.00 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 annualized dividend and a yield of 1.87%. The Goldman Sachs Group’s payout ratio is 29.59%.

Insiders Place Their Bets

In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $612.08, for a total value of $3,060,400.00. Following the transaction, the director now directly owns 608,425 shares of the company’s stock, valued at approximately $372,404,774. This trade represents a 0.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David M. Solomon sold 6,550 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $610.91, for a total value of $4,001,460.50. Following the completion of the transaction, the chief executive officer now directly owns 117,883 shares in the company, valued at $72,015,903.53. The trade was a 5.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,475 shares of company stock valued at $19,692,543. 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.