3,215 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Acquired by Corps Capital Advisors LLC

Corps Capital Advisors LLC bought a new stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,215 shares of the investment management company's stock, valued at approximately $1,841,000. The Goldman Sachs Group accounts for 1.9% of Corps Capital Advisors LLC's portfolio, making the stock its 14th biggest holding.

Other institutional investors also recently bought and sold shares of the company. Swedbank AB increased its stake in shares of The Goldman Sachs Group by 4.2% in the third quarter. Swedbank AB now owns 339,047 shares of the investment management company's stock worth $167,866,000 after buying an additional 13,730 shares during the period. Ledyard National Bank bought a new position in shares of The Goldman Sachs Group during the third quarter valued at about $233,000. Foundations Investment Advisors LLC increased its position in The Goldman Sachs Group by 2.2% during the 3rd quarter. Foundations Investment Advisors LLC now owns 1,804 shares of the investment management company's stock valued at $893,000 after purchasing an additional 38 shares during the period. Eastern Bank raised its holdings in The Goldman Sachs Group by 14.9% in the 3rd quarter. Eastern Bank now owns 1,464 shares of the investment management company's stock worth $725,000 after purchasing an additional 190 shares in the last quarter. Finally, Saxony Capital Management LLC purchased a new stake in shares of The Goldman Sachs Group in the 3rd quarter worth about $236,000. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GS has been the subject of a number of analyst reports. Morgan Stanley raised their price objective on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. UBS Group lifted their price target on The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 21st. Citigroup increased their price objective on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the company a "neutral" rating in a research report on Thursday, November 21st. Keefe, Bruyette & Woods upped their target price on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an "outperform" rating in a research note on Thursday, January 16th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $593.56.

The Goldman Sachs Group Price Performance

GS stock traded down $16.30 during trading on Friday, reaching $625.96. The company's stock had a trading volume of 1,940,168 shares, compared to its average volume of 2,518,325. 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 company's fifty day moving average is $610.78 and its 200-day moving average is $556.55. The company has a market capitalization of $195.32 billion, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 0.93 and a beta of 1.39. The Goldman Sachs Group, Inc. has a 1 year low of $381.42 and a 1 year high of $672.19.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.21 by $3.74. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The firm had revenue of $13.87 billion during the quarter, compared to analysts' expectations of $12.36 billion. During the same quarter last year, the business posted $5.48 earnings per share. The firm's revenue was up 22.5% on a year-over-year basis. On average, research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share 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. Stockholders of record on Friday, February 28th will be given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 1.92%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's payout ratio is currently 29.59%.

Insider Transactions at The Goldman Sachs Group

In related news, Treasurer Carey Halio sold 3,640 shares of the business's stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $636.74, for a total value of $2,317,733.60. Following the sale, the treasurer now directly owns 4,552 shares in the company, valued at approximately $2,898,440.48. The trade was a 44.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David M. Solomon sold 6,550 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $610.91, for a total value of $4,001,460.50. Following the transaction, the chief executive officer now owns 117,883 shares of the company's stock, valued at $72,015,903.53. This represents a 5.26 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,475 shares of company stock valued at $19,692,543. 0.54% of the stock is currently 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.