The Goldman Sachs Group, Inc. (NYSE:GS) Holdings Boosted by Blair William & Co. IL

Blair William & Co. IL boosted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 8.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 155,915 shares of the investment management company’s stock after buying an additional 12,091 shares during the period. Blair William & Co. IL’s holdings in The Goldman Sachs Group were worth $89,280,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in GS. LM Advisors LLC lifted its holdings in shares of The Goldman Sachs Group by 5.9% during the 4th quarter. LM Advisors LLC now owns 3,572 shares of the investment management company’s stock valued at $2,045,000 after buying an additional 199 shares during the last quarter. Homestead Advisers Corp raised its position in The Goldman Sachs Group by 1.0% during the fourth quarter. Homestead Advisers Corp now owns 265,536 shares of the investment management company’s stock valued at $152,051,000 after acquiring an additional 2,500 shares in the last quarter. NEOS Investment Management LLC lifted its stake in The Goldman Sachs Group by 30.0% in the fourth quarter. NEOS Investment Management LLC now owns 16,323 shares of the investment management company’s stock valued at $9,347,000 after acquiring an additional 3,764 shares during the last quarter. UniSuper Management Pty Ltd grew its position in The Goldman Sachs Group by 2.5% in the fourth quarter. UniSuper Management Pty Ltd now owns 98,278 shares of the investment management company’s stock worth $56,276,000 after acquiring an additional 2,366 shares in the last quarter. Finally, Moment Partners LLC acquired a new position in shares of The Goldman Sachs Group during the 4th quarter worth $467,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GS. Barclays lifted their price target on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Wells Fargo & Company reissued an “overweight” rating on shares of The Goldman Sachs Group in a research report on Friday, February 28th. Keefe, Bruyette & Woods lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $690.00 to $660.00 in a research note on Thursday, February 27th. Morgan Stanley dropped their price objective on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Finally, UBS Group increased their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $593.27.

Insider Activity at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 5,208 shares of the stock in a transaction dated 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 approximately $2,255,506.25. This trade represents a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Sheara J. Fredman sold 2,034 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was 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 approximately $4,047,349.55. This trade represents a 23.96 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 19,925 shares of company stock worth $12,630,683. 0.54% of the stock is owned by company insiders.

The Goldman Sachs Group Stock Performance

GS stock opened at $573.37 on Thursday. The Goldman Sachs Group, Inc. has a twelve month low of $387.12 and a twelve month high of $672.19. The business’s fifty day moving average is $610.88 and its 200-day moving average is $570.63. 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 $178.91 billion, a P/E ratio of 14.14, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37.

The Goldman Sachs Group (NYSE:GS) last issued its 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 firm had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. During the same quarter in the prior year, the firm earned $5.48 earnings per share. The business’s quarterly revenue was up 22.5% on a year-over-year basis. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

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.