The Goldman Sachs Group, Inc. (NYSE:GS) Shares Sold by Douglass Winthrop Advisors LLC

Douglass Winthrop Advisors LLC trimmed its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 13.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,578 shares of the investment management company's stock after selling 697 shares during the period. Douglass Winthrop Advisors LLC's holdings in The Goldman Sachs Group were worth $2,621,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in The Goldman Sachs Group in the 4th quarter worth about $624,844,000. Proficio Capital Partners LLC increased its position in shares of The Goldman Sachs Group by 14,007.0% in the fourth quarter. Proficio Capital Partners LLC now owns 1,059,716 shares of the investment management company's stock valued at $606,815,000 after buying an additional 1,052,204 shares in the last quarter. FMR LLC raised its stake in shares of The Goldman Sachs Group by 21.9% during the 3rd quarter. FMR LLC now owns 2,898,637 shares of the investment management company's stock worth $1,435,144,000 after buying an additional 521,054 shares during the period. Ieq Capital LLC lifted 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 valued at $239,982,000 after buying an additional 391,170 shares in the last quarter. Finally, Janus Henderson Group PLC grew its stake in The Goldman Sachs Group by 154.7% in the 3rd quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company's stock valued at $205,403,000 after acquiring an additional 251,972 shares during the period. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

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The Goldman Sachs Group Trading Up 1.0 %

Shares of GS traded up $6.06 during mid-day trading on Tuesday, reaching $586.16. The stock had a trading volume of 1,874,499 shares, compared to its average volume of 2,239,391. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67. The business's fifty day moving average is $611.24 and its 200 day moving average is $569.86. The Goldman Sachs Group, Inc. has a 52-week low of $387.12 and a 52-week high of $672.19. The firm has a market cap of $182.90 billion, a price-to-earnings ratio of 14.46, a P/E/G ratio of 0.89 and a beta of 1.37.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, beating the consensus estimate of $8.21 by $3.74. The firm had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. 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 earned $5.48 EPS. On average, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group's payout ratio is 29.59%.

Insider Activity at The Goldman Sachs Group

In other news, Director Kevin R. Johnson acquired 2,400 shares of the company's stock in a transaction dated Friday, January 17th. The stock was acquired at an average cost of $619.02 per share, with a total value of $1,485,648.00. Following the completion of the purchase, the director now owns 2,400 shares of the company's stock, valued at $1,485,648. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, Treasurer Carey Halio sold 1,545 shares of the stock in a transaction dated 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 approximately $5,117,296.64. The trade was a 15.87 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,925 shares of company stock worth $12,630,683. Company insiders own 0.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on GS shares. UBS Group increased 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 report on Tuesday, January 21st. Citigroup cut their price objective on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating for the company in a research note on Monday. Oppenheimer downgraded The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Wells Fargo & Company reiterated an "overweight" rating on shares of The Goldman Sachs Group in a research report on Friday, February 28th. Finally, Hsbc Global Res downgraded The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 26th. Ten investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, The Goldman Sachs Group currently has an average rating of "Hold" and an average price target of $593.27.

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.