BDF Gestion Decreases Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

BDF Gestion lowered its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 1.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 21,736 shares of the investment management company's stock after selling 406 shares during the quarter. The Goldman Sachs Group makes up about 1.2% of BDF Gestion's investment portfolio, making the stock its 15th largest holding. BDF Gestion's holdings in The Goldman Sachs Group were worth $12,446,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in GS. West Branch Capital LLC purchased a new position in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $30,000. DT Investment Partners LLC grew its stake in The Goldman Sachs Group by 110.0% in the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company's stock worth $31,000 after purchasing an additional 33 shares during the period. Truvestments Capital LLC bought a new position in The Goldman Sachs Group in the third quarter worth $34,000. Country Trust Bank purchased a new position in The Goldman Sachs Group during the third quarter valued at $37,000. Finally, Capital Performance Advisors LLP bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at $38,000. 71.21% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other The Goldman Sachs Group news, insider Alex S. Golten sold 5,208 shares of the firm's stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the transaction, the insider now directly owns 3,545 shares in the company, valued at $2,255,506.25. This trade represents a 59.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Treasurer Carey Halio sold 1,545 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $624.67, for a total value of $965,115.15. Following the transaction, the treasurer now directly owns 8,192 shares in the company, valued at $5,117,296.64. The trade was a 15.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 40,865 shares of company stock worth $25,286,862 over the last quarter. Company insiders own 0.54% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Morgan Stanley upped their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods boosted their target price on The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an "outperform" rating in a research report on Thursday, January 16th. Citigroup lifted their price target on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a "neutral" rating in a research note on Thursday, November 21st. Oppenheimer dropped their target price on shares of 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. Finally, Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $600.00 to $680.00 and gave the company an "overweight" rating in a research note on Friday, November 15th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $591.06.

The Goldman Sachs Group Trading Up 1.3 %

GS traded up $8.39 on Thursday, hitting $645.77. The company had a trading volume of 1,806,763 shares, compared to its average volume of 2,695,038. The business's fifty day simple moving average is $594.34 and its 200 day simple moving average is $539.40. 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, Inc. has a 12-month low of $375.20 and a 12-month high of $649.52. The company has a market cap of $202.71 billion, a PE ratio of 15.93, a PEG ratio of 0.88 and a beta of 1.38.

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 EPS for the quarter, topping the consensus estimate 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 company had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. During the same period in the previous year, the firm earned $5.48 earnings per share. The Goldman Sachs Group's quarterly revenue was up 22.5% compared to the same quarter last year. Equities research analysts expect that The Goldman Sachs Group, Inc. will post 46.81 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a yield of 1.86%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 29.59%.

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.