Rothschild Investment LLC Sells 167 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Rothschild Investment LLC lessened its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,639 shares of the investment management company’s stock after selling 167 shares during the period. Rothschild Investment LLC’s holdings in The Goldman Sachs Group were worth $1,511,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of GS. Crestwood Advisors Group LLC grew its holdings in shares of The Goldman Sachs Group by 1.6% in the 4th quarter. Crestwood Advisors Group LLC now owns 13,517 shares of the investment management company’s stock valued at $7,740,000 after buying an additional 216 shares during the period. Wharton Business Group LLC raised its stake in The Goldman Sachs Group by 0.5% during the 4th quarter. Wharton Business Group LLC now owns 68,773 shares of the investment management company’s stock worth $39,381,000 after buying an additional 361 shares during the period. IFP Advisors Inc lifted its holdings in The Goldman Sachs Group by 41.7% during the fourth quarter. IFP Advisors Inc now owns 4,335 shares of the investment management company’s stock worth $2,483,000 after acquiring an additional 1,275 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in The Goldman Sachs Group by 1.9% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 3,365 shares of the investment management company’s stock valued at $1,927,000 after acquiring an additional 62 shares during the period. Finally, Colonial River Investments LLC grew its stake in The Goldman Sachs Group by 6.1% in the fourth quarter. Colonial River Investments LLC now owns 1,159 shares of the investment management company’s stock valued at $664,000 after acquiring an additional 67 shares during the period. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $626.24 on Tuesday. The Goldman Sachs Group, Inc. has a 52-week low of $381.42 and a 52-week high of $672.19. The company has a market cap of $195.41 billion, a P/E ratio of 15.44, a P/E/G ratio of 0.89 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 stock’s 50-day simple moving average is $612.38 and its 200 day simple moving average is $559.91.

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

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a dividend of $3.00 per share. The ex-dividend date is Friday, February 28th. This represents a $12.00 annualized dividend and a dividend yield of 1.92%. The Goldman Sachs Group’s dividend payout ratio is presently 29.59%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GS. HSBC lowered The Goldman Sachs Group from a “buy” rating to a “hold” rating and raised their price target for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. Morgan Stanley raised their target price on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods increased their price objective on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an “outperform” rating in a research report on Thursday, January 16th. Finally, UBS Group boosted their price objective 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. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $593.56.

Insider Transactions at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 2,034 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total value of $1,275,338.34. Following the transaction, the chief accounting officer now directly owns 6,455 shares of the company’s stock, valued at $4,047,349.55. This represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Treasurer Carey Halio sold 1,545 shares of The Goldman Sachs Group stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $624.67, for a total transaction of $965,115.15. Following the sale, the treasurer now directly owns 8,192 shares of the company’s stock, valued at $5,117,296.64. The trade was a 15.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,475 shares of company stock worth $19,692,543 in the last ninety days. Insiders own 0.57% of the company’s stock.

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.