Disciplined Investors L.L.C. Makes New Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Disciplined Investors L.L.C. bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,674 shares of the investment management company's stock, valued at approximately $1,505,000. The Goldman Sachs Group comprises about 1.5% of Disciplined Investors L.L.C.'s portfolio, making the stock its 24th biggest holding.

Several other large investors have also recently modified their holdings of GS. Quantbot Technologies LP acquired a new stake in The Goldman Sachs Group during the 3rd quarter valued at approximately $206,000. Benjamin Edwards Inc. increased its position in shares of The Goldman Sachs Group by 493.0% during the third quarter. Benjamin Edwards Inc. now owns 7,585 shares of the investment management company's stock worth $3,757,000 after buying an additional 6,306 shares during the period. Ascent Group LLC increased its position in shares of The Goldman Sachs Group by 18.6% during the third quarter. Ascent Group LLC now owns 1,751 shares of the investment management company's stock worth $867,000 after buying an additional 274 shares during the period. Hilltop Holdings Inc. raised its stake in The Goldman Sachs Group by 115.8% during the third quarter. Hilltop Holdings Inc. now owns 3,869 shares of the investment management company's stock worth $1,915,000 after buying an additional 2,076 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in The Goldman Sachs Group by 154.7% in the third quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company's stock valued at $205,403,000 after buying an additional 251,972 shares during the period. Institutional investors own 71.21% of the company's stock.

Insider Transactions at The Goldman Sachs Group

In related news, Director Kevin R. Johnson purchased 2,400 shares of the business's stock in a transaction that occurred on Friday, January 17th. The shares were bought at an average cost of $619.02 per share, with a total value of $1,485,648.00. Following the acquisition, the director now owns 2,400 shares of the company's stock, valued at $1,485,648. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Kathryn H. Ruemmler sold 7,498 shares of the firm's stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the sale, the insider now owns 9,589 shares of the company's stock, valued at $6,086,042.41. This trade represents a 43.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,925 shares of company stock worth $12,630,683 in the last 90 days. Insiders own 0.55% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Citigroup lowered their price objective on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating for the company in a research report on Monday, March 24th. Evercore ISI lowered their target price on The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating for the company in a report on Tuesday, April 1st. UBS Group increased their price target 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. Oppenheimer lowered shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Finally, Morgan Stanley cut their target price on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an "overweight" rating on the stock in a research note on Thursday, March 13th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $589.19.

The Goldman Sachs Group Stock Down 8.1 %

Shares of NYSE:GS traded down $41.66 during mid-day trading on Friday, hitting $469.57. 8,098,242 shares of the company traded hands, compared to its average volume of 2,325,002. The stock has a 50-day moving average price of $597.54 and a two-hundred day moving average price of $573.37. The Goldman Sachs Group, Inc. has a 12-month low of $387.12 and a 12-month high of $672.19. The stock has a market cap of $146.52 billion, a P/E ratio of 11.58, a P/E/G ratio of 0.89 and a beta of 1.33. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping 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 analyst estimates of $12.36 billion. During the same quarter in the prior year, the business posted $5.48 EPS. The business's revenue was up 22.5% compared to the same quarter last year. On average, equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 28th were paid a $3.00 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.56%. The Goldman Sachs Group's payout ratio is presently 29.59%.

About The Goldman Sachs Group

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.