Allied Investment Advisors LLC Has $12.53 Million Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Allied Investment Advisors LLC trimmed its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 5.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 21,877 shares of the investment management company's stock after selling 1,209 shares during the period. The Goldman Sachs Group makes up about 2.5% of Allied Investment Advisors LLC's investment portfolio, making the stock its 12th biggest position. Allied Investment Advisors LLC's holdings in The Goldman Sachs Group were worth $12,527,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Mizuho Securities USA LLC increased its position in shares of The Goldman Sachs Group by 30,068.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,500,000 shares of the investment management company's stock worth $3,713,325,000 after purchasing an additional 7,475,140 shares in the last quarter. FMR LLC grew its stake in The Goldman Sachs Group by 21.9% during the third quarter. FMR LLC now owns 2,898,637 shares of the investment management company's stock worth $1,435,144,000 after buying an additional 521,054 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of The Goldman Sachs Group by 154.7% during the third quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company's stock worth $205,403,000 after buying an additional 251,972 shares in the last quarter. Congress Asset Management Co. raised its stake in shares of The Goldman Sachs Group by 829.0% in the third quarter. Congress Asset Management Co. now owns 260,317 shares of the investment management company's stock valued at $128,886,000 after acquiring an additional 232,297 shares during the last quarter. Finally, National Bank of Canada FI boosted its holdings in shares of The Goldman Sachs Group by 45.9% in the 3rd quarter. National Bank of Canada FI now owns 544,178 shares of the investment management company's stock worth $269,428,000 after acquiring an additional 171,071 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GS. Hsbc Global Res cut The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. Morgan Stanley lifted their price target on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. HSBC downgraded shares of The Goldman Sachs Group from a "buy" rating to a "hold" rating and upped their price target for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. UBS Group raised 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. Finally, JPMorgan Chase & Co. upped their target price on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the stock 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 given a buy rating to the company's stock. According to MarketBeat.com, The Goldman Sachs Group has a consensus rating of "Moderate Buy" and a consensus price target of $593.56.

Insider Transactions at The Goldman Sachs Group

In related news, 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 value of $965,115.15. Following the sale, the treasurer now owns 8,192 shares of the company's stock, valued at approximately $5,117,296.64. The trade was a 15.87 % 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 the SEC website. Also, CAO Sheara J. Fredman sold 2,034 shares of the company's stock in a transaction dated 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 sale, the chief accounting officer now owns 6,455 shares in the company, valued at $4,047,349.55. The trade was a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 31,475 shares of company stock valued at $19,692,543 over the last three months. Company insiders own 0.54% of the company's stock.

The Goldman Sachs Group Trading Down 2.6 %

Shares of The Goldman Sachs Group stock traded down $16.56 during 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 firm has a market capitalization of $195.24 billion, a price-to-earnings ratio of 15.43, a P/E/G ratio of 0.93 and a beta of 1.39. The Goldman Sachs Group, Inc. has a twelve month low of $381.42 and a twelve month high of $672.19. The business has a 50-day moving average price of $610.78 and a 200-day moving average price of $556.55. 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 released its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $13.87 billion during the quarter, compared to analysts' expectations of $12.36 billion. During the same quarter in the prior year, the company earned $5.48 EPS. The firm's quarterly revenue was up 22.5% on a year-over-year basis. Sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group's payout ratio is presently 29.59%.

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.