Rothschild Capital Partners LLC Makes New Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Rothschild Capital Partners LLC bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 780 shares of the investment management company's stock, valued at approximately $447,000.

Several other large investors have also recently made changes to their positions in GS. Topsail Wealth Management LLC acquired a new stake in The Goldman Sachs Group in the fourth quarter valued at approximately $268,000. Keyvantage Wealth LLC purchased a new stake in The Goldman Sachs Group in the 4th quarter worth $230,000. Hancock Whitney Corp lifted its holdings in The Goldman Sachs Group by 16.2% during the fourth quarter. Hancock Whitney Corp now owns 5,202 shares of the investment management company's stock valued at $2,979,000 after purchasing an additional 724 shares in the last quarter. Empire Financial Management Company LLC increased its stake in shares of The Goldman Sachs Group by 5.2% during the fourth quarter. Empire Financial Management Company LLC now owns 3,446 shares of the investment management company's stock worth $1,973,000 after purchasing an additional 171 shares in the last quarter. Finally, Voya Investment Management LLC lifted its stake in The Goldman Sachs Group by 6.7% in the 4th quarter. Voya Investment Management LLC now owns 463,389 shares of the investment management company's stock valued at $265,176,000 after buying an additional 29,234 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Alex S. Golten sold 5,208 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the sale, the insider now directly owns 3,545 shares of the company's stock, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John B. Hess bought 3,904 shares of the stock in a transaction dated Tuesday, April 15th. The shares were acquired at an average price of $511.68 per share, for a total transaction of $1,997,598.72. Following the completion of the transaction, the director now owns 3,904 shares of the company's stock, valued at approximately $1,997,598.72. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.55% of the company's stock.

The Goldman Sachs Group Stock Down 0.1 %

Shares of GS stock traded down $0.42 on Friday, reaching $544.95. 1,611,879 shares of the stock were exchanged, compared to its average volume of 2,373,158. The company has a market capitalization of $170.05 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 0.89 and a beta of 1.33. The business's 50 day moving average price is $548.95 and its 200 day moving average price is $573.94. 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, Inc. has a twelve month low of $425.19 and a twelve month high of $672.19.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share for the quarter, topping the consensus estimate of $12.57 by $1.55. The business had revenue of $15.06 billion for the quarter, compared to analyst estimates of $14.99 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. During the same quarter last year, the company earned $11.58 EPS. As a group, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be given a dividend of $3.00 per share. The ex-dividend date is Friday, May 30th. This represents a $12.00 annualized dividend and a dividend yield of 2.20%. The Goldman Sachs Group's dividend payout ratio is presently 27.85%.

Wall Street Analyst Weigh In

GS has been the subject of several research reports. Wells Fargo & Company cut their price objective on The Goldman Sachs Group from $680.00 to $650.00 and set an "overweight" rating for the company in a research note on Tuesday, April 15th. Oppenheimer downgraded shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. Morgan Stanley set a $558.00 price target on The Goldman Sachs Group and gave the company an "equal weight" rating in a report on Monday, April 7th. Daiwa America lowered shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Evercore ISI reduced their price target on shares of The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 1st. Thirteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $593.40.

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.