Caprock Group LLC Has $16.74 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Caprock Group LLC lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,237 shares of the investment management company's stock after purchasing an additional 1,373 shares during the quarter. The Goldman Sachs Group makes up about 0.5% of Caprock Group LLC's holdings, making the stock its 27th biggest position. Caprock Group LLC's holdings in The Goldman Sachs Group were worth $16,742,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of GS. Mizuho Securities USA LLC boosted its holdings in shares of The Goldman Sachs Group by 30,068.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,500,000 shares of the investment management company's stock worth $3,713,325,000 after buying an additional 7,475,140 shares during the period. FMR LLC grew its position in shares of The Goldman Sachs Group by 21.9% in the third quarter. FMR LLC now owns 2,898,637 shares of the investment management company's stock valued at $1,435,144,000 after purchasing an additional 521,054 shares during the last quarter. Janus Henderson Group PLC increased its stake in shares of The Goldman Sachs Group by 154.7% in the third quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company's stock worth $205,403,000 after purchasing an additional 251,972 shares during the period. Congress Asset Management Co. lifted its position in shares of The Goldman Sachs Group by 829.0% during the 3rd quarter. Congress Asset Management Co. now owns 260,317 shares of the investment management company's stock worth $128,886,000 after purchasing an additional 232,297 shares during the last quarter. Finally, Rheos Capital Works Inc. boosted its stake in The Goldman Sachs Group by 265.4% during the 3rd quarter. Rheos Capital Works Inc. now owns 248,500 shares of the investment management company's stock valued at $123,035,000 after purchasing an additional 180,500 shares during the period. Institutional investors and hedge funds own 71.21% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on GS shares. Wells Fargo & Company upped their price target on The Goldman Sachs Group from $600.00 to $680.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Bank of America upped their target price on shares of The Goldman Sachs Group from $563.00 to $575.00 and gave the company a "buy" rating in a research note on Wednesday, October 16th. Evercore ISI boosted their price objective on shares of The Goldman Sachs Group from $520.00 to $575.00 and gave the stock an "outperform" rating in a report on Wednesday, October 16th. 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 note on Thursday, January 16th. Finally, UBS Group boosted their price target on 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. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of "Moderate Buy" and an average price target of $591.06.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 7,498 shares of the business's stock in a transaction dated Tuesday, January 21st. The stock was 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 directly owns 9,589 shares of the company's stock, valued at approximately $6,086,042.41. The trade was a 43.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Sheara J. Fredman sold 2,974 shares of The Goldman Sachs Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $594.51, for a total transaction of $1,768,072.74. Following the sale, the chief accounting officer now owns 8,489 shares of the company's stock, valued at approximately $5,046,795.39. This represents a 25.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 40,865 shares of company stock worth $25,286,862. 0.57% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded down $8.62 during mid-day trading on Monday, hitting $631.78. 1,659,662 shares of the stock were exchanged, compared to its average volume of 2,609,234. The Goldman Sachs Group, Inc. has a twelve month low of $375.20 and a twelve month high of $650.00. The stock's fifty day simple moving average is $596.07 and its two-hundred day simple moving average is $541.71. 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 company has a market cap of $196.14 billion, a P/E ratio of 15.61, a PEG ratio of 0.89 and a beta of 1.39.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued 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 firm had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The business's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.48 EPS. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is currently 29.59%.

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.