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

Crumly & Associates Inc. purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,486 shares of the investment management company's stock, valued at approximately $851,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of GS. Paradigm Asset Management Co. LLC increased its position in The Goldman Sachs Group by 50.0% in the 4th quarter. Paradigm Asset Management Co. LLC now owns 6,902 shares of the investment management company's stock valued at $3,952,000 after buying an additional 2,300 shares in the last quarter. O Neil Global Advisors Inc. raised its position in shares of The Goldman Sachs Group by 12.8% during the fourth quarter. O Neil Global Advisors Inc. now owns 6,010 shares of the investment management company's stock worth $3,441,000 after purchasing an additional 680 shares during the period. WP Advisors LLC bought a new position in shares of The Goldman Sachs Group in the 4th quarter worth $206,000. Centricity Wealth Management LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at $49,000. Finally, Waterfront Wealth Inc. increased its stake in The Goldman Sachs Group by 6.8% during the 4th quarter. Waterfront Wealth Inc. now owns 821 shares of the investment management company's stock valued at $470,000 after purchasing an additional 52 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

Insider Activity

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 2,034 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total transaction of $1,275,338.34. Following the completion of the sale, the chief accounting officer now owns 6,455 shares of the company's stock, valued at $4,047,349.55. This represents a 23.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Treasurer Carey Halio sold 1,545 shares of the business's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total transaction of $965,115.15. Following the completion of the transaction, the treasurer now owns 8,192 shares in the company, 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. In the last 90 days, insiders sold 31,475 shares of company stock valued at $19,692,543. Corporate insiders own 0.54% of the company's stock.

Analyst Upgrades and Downgrades

GS has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the company an "overweight" rating in a research note on Thursday, January 16th. Oppenheimer dropped their price target on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating on the stock in a research report on Friday, January 3rd. Keefe, Bruyette & Woods boosted their price objective on The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an "outperform" rating in a report on Thursday, January 16th. 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 research note on Thursday, January 16th. Finally, JPMorgan Chase & Co. lifted their target price on The Goldman Sachs Group from $550.00 to $605.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Eight 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.com, The Goldman Sachs Group presently has an average rating of "Moderate Buy" and an average price target of $593.56.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded down $16.56 during mid-day trading on Friday, reaching $625.70. 2,996,182 shares of the company were exchanged, compared to its average volume of 2,555,497. The Goldman Sachs Group, Inc. has a 52 week low of $381.42 and a 52 week high of $672.19. The company's 50 day moving average price is $610.78 and its 200 day moving average price is $556.55. The stock has a market capitalization of $195.24 billion, a PE ratio of 15.43, a PEG ratio of 0.93 and a beta of 1.39. 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 Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating analysts' consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion for the quarter, compared to analysts' expectations of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The Goldman Sachs Group's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the firm posted $5.48 EPS. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

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 $3.00 dividend. The ex-dividend date is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.92%. The Goldman Sachs Group's payout ratio is 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.