Foundations Investment Advisors LLC Has $4.76 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Foundations Investment Advisors LLC increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 360.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,315 shares of the investment management company's stock after acquiring an additional 6,511 shares during the quarter. Foundations Investment Advisors LLC's holdings in The Goldman Sachs Group were worth $4,761,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GS. Mount Yale Investment Advisors LLC raised its position in The Goldman Sachs Group by 9.7% during the fourth quarter. Mount Yale Investment Advisors LLC now owns 5,960 shares of the investment management company's stock valued at $3,412,000 after buying an additional 529 shares during the period. Valued Wealth Advisors LLC grew its stake in The Goldman Sachs Group by 68.6% during the 4th quarter. Valued Wealth Advisors LLC now owns 86 shares of the investment management company's stock valued at $49,000 after acquiring an additional 35 shares in the last quarter. Parkside Investments LLC increased its holdings in shares of The Goldman Sachs Group by 439.5% in the 4th quarter. Parkside Investments LLC now owns 10,790 shares of the investment management company's stock valued at $6,179,000 after purchasing an additional 8,790 shares during the period. McLean Asset Management Corp lifted its position in shares of The Goldman Sachs Group by 11.6% in the fourth quarter. McLean Asset Management Corp now owns 844 shares of the investment management company's stock worth $483,000 after purchasing an additional 88 shares in the last quarter. Finally, Webster Bank N. A. boosted its holdings in shares of The Goldman Sachs Group by 32.0% during the fourth quarter. Webster Bank N. A. now owns 619 shares of the investment management company's stock worth $354,000 after purchasing an additional 150 shares during the period. Institutional investors and hedge funds own 71.21% of the company's stock.

Analyst Ratings Changes

GS has been the subject of a number of research analyst reports. Morgan Stanley increased their target price on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. Wells Fargo & Company lifted their price objective on The Goldman Sachs Group from $600.00 to $680.00 and gave the company an "overweight" rating in a research report on Friday, November 15th. UBS Group boosted their target price 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. JPMorgan Chase & Co. raised their price target on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Finally, Oppenheimer lowered their price target on The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating for the company in a research note on Friday, January 3rd. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of "Moderate Buy" and a consensus target price of $591.06.

Insider Buying and Selling

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 6,416 shares of the company's stock in a transaction 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 sale, the executive vice president now directly owns 57,614 shares in the company, valued at $34,358,685.04. This represents a 10.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 2,974 shares of the business's stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $594.51, for a total transaction of $1,768,072.74. Following the completion of the sale, the chief accounting officer now owns 8,489 shares in the company, valued at $5,046,795.39. This represents a 25.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,865 shares of company stock valued at $25,286,862 over the last ninety days. 0.54% of the stock is owned by company insiders.

The Goldman Sachs Group Stock Performance

The Goldman Sachs Group stock traded down $5.55 during mid-day trading on Friday, reaching $640.15. The company had a trading volume of 1,992,587 shares, compared to its average volume of 2,655,672. The company has a 50 day moving average of $595.32 and a 200-day moving average of $540.14. The Goldman Sachs Group, Inc. has a 52 week low of $375.20 and a 52 week high of $650.00. 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 firm has a market cap of $198.73 billion, a price-to-earnings ratio of 15.79, a PEG ratio of 0.89 and a beta of 1.38.

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 for the quarter, topping analysts' consensus estimates 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 firm's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the business earned $5.48 earnings per share. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $3.00 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.87%. The Goldman Sachs Group's payout ratio is 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.