The Goldman Sachs Group, Inc. (NYSE:GS) Shares Acquired by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 8.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,410 shares of the investment management company's stock after acquiring an additional 1,090 shares during the quarter. E. Ohman J or Asset Management AB's holdings in The Goldman Sachs Group were worth $8,251,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Stephens Consulting LLC purchased a new position in shares of The Goldman Sachs Group in the fourth quarter valued at $26,000. West Branch Capital LLC acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at $30,000. DT Investment Partners LLC boosted its stake in shares of The Goldman Sachs Group by 110.0% during the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company's stock valued at $31,000 after acquiring an additional 33 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at $34,000. Finally, Country Trust Bank acquired a new stake in shares of The Goldman Sachs Group during the third quarter valued at $37,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

Wall Street Analyst Weigh In

GS has been the topic of a number of analyst reports. Bank of America increased their price objective on 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. Keefe, Bruyette & Woods increased their price objective on The Goldman Sachs Group from $686.00 to $690.00 and gave the company an "outperform" rating in a research note on Thursday, January 16th. JMP Securities increased their price objective on The Goldman Sachs Group from $525.00 to $550.00 and gave the company a "market outperform" rating in a research note on Wednesday, October 9th. Wells Fargo & Company raised their price target on The Goldman Sachs Group from $600.00 to $680.00 and gave the stock an "overweight" rating in a research note on Friday, November 15th. Finally, HSBC lowered The Goldman Sachs Group from a "buy" rating to a "hold" rating and raised their price target for the stock from $569.00 to $608.00 in a research note on Tuesday, November 26th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $591.06.

The Goldman Sachs Group Trading Up 0.3 %

Shares of NYSE GS traded up $2.11 during midday trading on Tuesday, hitting $634.48. The stock had a trading volume of 1,743,131 shares, compared to its average volume of 2,593,334. The company has a market capitalization of $196.97 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 0.89 and a beta of 1.39. 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 1-year low of $375.20 and a 1-year high of $650.00. The company has a fifty day moving average price of $596.65 and a 200 day moving average price of $542.74.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its 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 business had revenue of $13.87 billion for 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 company's revenue was up 22.5% on a year-over-year basis. During the same period last year, the business posted $5.48 EPS. On average, analysts predict that The Goldman Sachs Group, Inc. will post 47.1 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a dividend of $3.00 per share. The ex-dividend date is Friday, February 28th. This represents a $12.00 annualized dividend and a dividend yield of 1.89%. The Goldman Sachs Group's payout ratio is currently 29.59%.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, 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 directly owns 8,489 shares in the company, valued at $5,046,795.39. The trade was a 25.94 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP John F.W. Rogers sold 6,416 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 $596.36, for a total value of $3,826,245.76. Following the completion of the transaction, the executive vice president now owns 57,614 shares of the company's stock, valued at approximately $34,358,685.04. The trade was a 10.02 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 40,865 shares of company stock worth $25,286,862. 0.57% of the stock is currently owned by company insiders.

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.