The Goldman Sachs Group, Inc. (NYSE:GS) Shares Acquired by Aviva PLC

Aviva PLC boosted its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 190,128 shares of the investment management company's stock after purchasing an additional 25,714 shares during the quarter. Aviva PLC owned about 0.06% of The Goldman Sachs Group worth $108,871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GS. Oarsman Capital Inc. lifted its position in The Goldman Sachs Group by 1.9% during the fourth quarter. Oarsman Capital Inc. now owns 5,317 shares of the investment management company's stock valued at $3,045,000 after acquiring an additional 97 shares during the last quarter. KCM Investment Advisors LLC boosted its holdings in The Goldman Sachs Group by 2.5% in the fourth quarter. KCM Investment Advisors LLC now owns 6,569 shares of the investment management company's stock worth $3,762,000 after acquiring an additional 163 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new position in shares of The Goldman Sachs Group during the fourth quarter valued at about $52,574,000. Leeward Financial Partners LLC raised its position in shares of The Goldman Sachs Group by 9.0% in the 4th quarter. Leeward Financial Partners LLC now owns 9,254 shares of the investment management company's stock valued at $5,299,000 after purchasing an additional 766 shares during the last quarter. Finally, First Western Trust Bank acquired a new stake in The Goldman Sachs Group in the 4th quarter worth approximately $232,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

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Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Oppenheimer downgraded shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Evercore ISI reduced their price objective on The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating for the company in a research note on Tuesday, April 1st. Daiwa Capital Markets downgraded The Goldman Sachs Group from an "outperform" rating to a "neutral" rating and set a $560.00 target price for the company. in a report on Friday, April 4th. Morgan Stanley set a $558.00 price target on shares of The Goldman Sachs Group and gave the stock an "equal weight" rating in a report on Monday. Finally, UBS Group lifted 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 note on Tuesday, January 21st. Thirteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of "Hold" and an average target price of $586.00.

Insiders Place Their Bets

In other news, insider Kathryn H. Ruemmler sold 7,498 shares of the company's stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the completion of the sale, the insider now owns 9,589 shares of the company's stock, valued at $6,086,042.41. This represents a 43.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin R. Johnson bought 2,400 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 17th. The stock was acquired at an average price of $619.02 per share, with a total value of $1,485,648.00. Following the completion of the transaction, the director now directly owns 2,400 shares of the company's stock, valued at approximately $1,485,648. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders sold 19,925 shares of company stock worth $12,630,683. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock traded down $1.89 on Wednesday, reaching $460.34. The company's stock had a trading volume of 1,853,349 shares, compared to its average volume of 2,351,596. The Goldman Sachs Group, Inc. has a 52-week low of $387.12 and a 52-week high of $672.19. The company has a market capitalization of $143.64 billion, a P/E ratio of 11.35, a PEG ratio of 0.89 and a beta of 1.33. 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 stock has a 50-day moving average price of $587.13 and a 200-day moving average price of $572.67.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.21 by $3.74. The business had revenue of $13.87 billion for the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company's revenue was up 22.5% compared to the same quarter last year. During the same period last year, the firm posted $5.48 earnings per share. Analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 2.61%. The ex-dividend date was Friday, February 28th. The Goldman Sachs Group's payout ratio is 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.