Capital International Inc. CA Has $10.60 Million Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Capital International Inc. CA grew its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 14.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,511 shares of the investment management company's stock after acquiring an additional 2,377 shares during the period. Capital International Inc. CA's holdings in The Goldman Sachs Group were worth $10,600,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank bought a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $1,603,315,000. Raymond James Financial Inc. bought a new stake in The Goldman Sachs Group during the 4th quarter worth about $624,844,000. Proficio Capital Partners LLC lifted its position in The Goldman Sachs Group by 14,007.0% during the 4th quarter. Proficio Capital Partners LLC now owns 1,059,716 shares of the investment management company's stock valued at $606,815,000 after purchasing an additional 1,052,204 shares during the period. FMR LLC boosted its stake in shares of The Goldman Sachs Group by 23.7% in the 4th quarter. FMR LLC now owns 3,586,348 shares of the investment management company's stock valued at $2,053,614,000 after purchasing an additional 687,711 shares during the last quarter. Finally, Ieq Capital LLC grew its position in shares of The Goldman Sachs Group by 1,400.8% during the 4th quarter. Ieq Capital LLC now owns 419,095 shares of the investment management company's stock worth $239,982,000 after buying an additional 391,170 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

GS has been the subject of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of The Goldman Sachs Group from $680.00 to $650.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Keefe, Bruyette & Woods lowered The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and cut their target price for the company from $690.00 to $660.00 in a research note on Thursday, February 27th. Daiwa America lowered The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Evercore ISI reduced their price objective on shares of The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 1st. Finally, Morgan Stanley set a $558.00 target price on shares of The Goldman Sachs Group and gave the stock an "equal weight" rating in a report on Monday, April 7th. Thirteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, The Goldman Sachs Group has an average rating of "Hold" and an average target price of $593.40.

The Goldman Sachs Group Stock Up 3.0 %

Shares of NYSE GS traded up $15.66 during mid-day trading on Thursday, hitting $544.97. The company had a trading volume of 1,101,249 shares, compared to its average volume of 2,991,328. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The firm has a 50-day simple moving average of $553.80 and a two-hundred day simple moving average of $572.78. The company has a market capitalization of $170.05 billion, a PE ratio of 13.44, a price-to-earnings-growth ratio of 0.89 and a beta of 1.33. The Goldman Sachs Group, Inc. has a one year low of $414.85 and a one year high of $672.19.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share for the quarter, beating analysts' consensus estimates of $12.57 by $1.55. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The firm had revenue of $15.06 billion during the quarter, compared to the consensus estimate of $14.99 billion. During the same period last year, the company earned $11.58 earnings per share. On average, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 30th will be paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Friday, May 30th. The Goldman Sachs Group's dividend payout ratio is currently 27.85%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of The Goldman Sachs Group stock in a transaction on Friday, January 24th. The shares were sold at an average price of $636.74, for a total transaction of $2,317,733.60. Following the completion of the transaction, the treasurer now directly owns 4,552 shares of the company's stock, valued at $2,898,440.48. The trade was a 44.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Alex S. Golten sold 5,208 shares of the stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the completion of the transaction, the insider now directly owns 3,545 shares in the company, valued at $2,255,506.25. The trade was a 59.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.55% of the company's stock.

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.