781 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Bought by Avantra Family Wealth Inc.

Avantra Family Wealth Inc. bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 781 shares of the investment management company's stock, valued at approximately $447,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Czech National Bank raised its holdings in shares of The Goldman Sachs Group by 4.7% during the 3rd quarter. Czech National Bank now owns 64,331 shares of the investment management company's stock worth $31,851,000 after buying an additional 2,882 shares in the last quarter. Harbor Investment Advisory LLC raised its stake in The Goldman Sachs Group by 27.5% during the third quarter. Harbor Investment Advisory LLC now owns 3,072 shares of the investment management company's stock worth $1,521,000 after acquiring an additional 662 shares in the last quarter. Wright Investors Service Inc. lifted its holdings in shares of The Goldman Sachs Group by 69.0% in the third quarter. Wright Investors Service Inc. now owns 3,746 shares of the investment management company's stock worth $1,855,000 after acquiring an additional 1,529 shares during the last quarter. Handelsbanken Fonder AB increased its position in The Goldman Sachs Group by 2.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 112,337 shares of the investment management company's stock worth $55,619,000 after purchasing an additional 2,227 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in The Goldman Sachs Group by 18.7% in the 3rd quarter. GAMMA Investing LLC now owns 5,865 shares of the investment management company's stock valued at $2,904,000 after purchasing an additional 925 shares during the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GS has been the topic of several recent research reports. Oppenheimer cut their price objective on The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. Evercore ISI increased their price objective on The Goldman Sachs Group from $520.00 to $575.00 and gave the company an "outperform" rating in a report on Wednesday, October 16th. UBS Group lifted their target price 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. JPMorgan Chase & Co. increased their target price on shares of 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. Finally, HSBC downgraded shares of The Goldman Sachs Group from a "buy" rating to a "hold" rating and boosted their price target for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $591.06.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock traded up $2.11 during mid-day trading on Tuesday, reaching $634.48. The company's stock had a trading volume of 1,743,131 shares, compared to its average volume of 2,593,334. The firm's fifty day moving average price is $596.65 and its two-hundred day moving average price is $542.74. 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 12-month low of $375.20 and a 12-month high of $650.00. The company has a market capitalization of $196.97 billion, a P/E ratio of 15.65, a PEG ratio of 0.89 and a beta of 1.39.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results 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 firm had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business's revenue for the quarter was up 22.5% on a year-over-year basis. During the same period in the previous year, the business earned $5.48 EPS. Sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

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 dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group's payout ratio is 29.59%.

Insider Activity at The Goldman Sachs Group

In related news, Treasurer Carey Halio sold 1,545 shares of the stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total transaction of $965,115.15. Following the transaction, the treasurer now owns 8,192 shares of the company's stock, valued at approximately $5,117,296.64. This trade represents a 15.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John F.W. Rogers sold 6,416 shares of The Goldman Sachs Group stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $596.36, for a total transaction of $3,826,245.76. Following the completion of the transaction, the executive vice president now owns 57,614 shares in the company, valued at approximately $34,358,685.04. The trade was a 10.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 40,865 shares of company stock valued at $25,286,862 over the last three months. 0.57% of the stock is owned by corporate insiders.

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.