Atria Wealth Solutions Inc. Has $9.93 Million Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Atria Wealth Solutions Inc. increased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 8.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,348 shares of the investment management company's stock after purchasing an additional 1,347 shares during the period. Atria Wealth Solutions Inc.'s holdings in The Goldman Sachs Group were worth $9,934,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Jackson Grant Investment Advisers Inc. grew its position in shares of The Goldman Sachs Group by 10.9% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 163 shares of the investment management company's stock valued at $93,000 after acquiring an additional 16 shares during the period. Ledyard National Bank grew its holdings in The Goldman Sachs Group by 3.4% during the fourth quarter. Ledyard National Bank now owns 486 shares of the investment management company's stock worth $278,000 after purchasing an additional 16 shares during the period. Seelaus Asset Management LLC increased its position in The Goldman Sachs Group by 2.5% during the fourth quarter. Seelaus Asset Management LLC now owns 660 shares of the investment management company's stock worth $378,000 after buying an additional 16 shares during the last quarter. Genesee Capital Advisors LLC raised its stake in The Goldman Sachs Group by 1.0% in the fourth quarter. Genesee Capital Advisors LLC now owns 1,788 shares of the investment management company's stock valued at $1,024,000 after buying an additional 17 shares during the period. Finally, Horst & Graben Wealth Management LLC lifted its position in shares of The Goldman Sachs Group by 1.5% in the fourth quarter. Horst & Graben Wealth Management LLC now owns 1,179 shares of the investment management company's stock valued at $675,000 after buying an additional 17 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on GS shares. Barclays raised their price target on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Oppenheimer decreased 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 note on Friday, January 3rd. Keefe, Bruyette & Woods increased their price target on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the company an "outperform" rating in a report on Thursday, January 16th. Hsbc Global Res downgraded The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. lifted their price target on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $593.56.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded down $16.56 during trading hours on Friday, hitting $625.70. 2,996,182 shares of the stock were exchanged, compared to its average volume of 2,555,497. The company's fifty day simple moving average is $610.78 and its two-hundred day simple moving average is $556.55. The company has a market cap of $195.24 billion, a PE ratio of 15.43, a price-to-earnings-growth ratio of 0.93 and a beta of 1.39. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67. The Goldman Sachs Group, Inc. has a 1-year low of $381.42 and a 1-year high of $672.19.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its earnings results 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 Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The firm had revenue of $13.87 billion for the quarter, compared to the consensus estimate of $12.36 billion. During the same quarter last year, the business posted $5.48 EPS. The company's revenue was up 22.5% compared to the same quarter last year. On average, sell-side analysts predict 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given 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 dividend payout ratio is presently 29.59%.

Insiders Place Their Bets

In related news, Director David A. Viniar sold 5,000 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $612.08, for a total transaction of $3,060,400.00. Following the sale, the director now owns 608,425 shares of the company's stock, valued at $372,404,774. This trade represents a 0.82 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO David M. Solomon sold 6,550 shares of the company's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $610.91, for a total value of $4,001,460.50. Following the completion of the transaction, the chief executive officer now directly owns 117,883 shares of the company's stock, valued at approximately $72,015,903.53. The trade was a 5.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,475 shares of company stock valued at $19,692,543. 0.54% of the stock is currently owned by corporate insiders.

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.