Edmond DE Rothschild Holding S.A. Has $1.60 Million Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Edmond DE Rothschild Holding S.A. decreased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 35.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,794 shares of the investment management company's stock after selling 1,553 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in The Goldman Sachs Group were worth $1,600,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC boosted its position in The Goldman Sachs Group by 1.9% during the fourth quarter. Fisher Asset Management LLC now owns 6,155,336 shares of the investment management company's stock worth $3,524,669,000 after purchasing an additional 112,696 shares during the period. Norges Bank acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter worth $1,603,315,000. Charles Schwab Investment Management Inc. boosted its holdings in shares of The Goldman Sachs Group by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,936,853 shares of the investment management company's stock worth $1,109,081,000 after buying an additional 22,794 shares during the period. Franklin Resources Inc. grew its stake in The Goldman Sachs Group by 3.9% in the 3rd quarter. Franklin Resources Inc. now owns 1,660,088 shares of the investment management company's stock valued at $898,428,000 after buying an additional 62,246 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new position in The Goldman Sachs Group during the 4th quarter worth $624,844,000. Institutional investors own 71.21% of the company's stock.

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Analyst Upgrades and Downgrades

GS has been the topic of several research analyst reports. Oppenheimer downgraded The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Citigroup lowered their target price on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating on the stock in a report on Monday, March 24th. Keefe, Bruyette & Woods lowered The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $690.00 to $660.00 in a report on Thursday, February 27th. UBS Group raised their price objective on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 21st. Finally, Wells Fargo & Company reduced their price target on shares of The Goldman Sachs Group from $720.00 to $680.00 and set an "overweight" rating for the company in a report on Friday, March 28th. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group presently has an average rating of "Hold" and a consensus price target of $589.19.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 2,034 shares of the firm's stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total value of $1,275,338.34. Following the completion of the sale, the chief accounting officer now owns 6,455 shares in the company, valued at approximately $4,047,349.55. This trade represents a 23.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Treasurer Carey Halio sold 1,545 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $624.67, for a total transaction of $965,115.15. Following the transaction, the treasurer now owns 8,192 shares in the company, valued at $5,117,296.64. The trade was a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,925 shares of company stock valued at $12,630,683 in the last three months. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded down $41.66 during midday trading on Friday, reaching $469.57. 8,098,242 shares of the company traded hands, compared to its average volume of 2,325,002. The Goldman Sachs Group, Inc. has a 12 month low of $387.12 and a 12 month high of $672.19. 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 stock's 50-day simple moving average is $597.54 and its 200-day simple moving average is $573.37. The firm has a market cap of $146.52 billion, a PE ratio of 11.58, a PEG ratio of 0.89 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings results 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 net margin of 11.32% and a return on equity of 13.30%. The firm's quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the firm posted $5.48 EPS. As a group, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were given a dividend of $3.00 per share. The ex-dividend date was Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a yield of 2.56%. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 29.59%.

The Goldman Sachs Group Company 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.