458 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Purchased by Gallagher Capital Advisors LLC

Gallagher Capital Advisors LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 458 shares of the investment management company's stock, valued at approximately $262,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Schwarz Dygos Wheeler Investment Advisors LLC lifted its position in shares of The Goldman Sachs Group by 34.1% during the fourth quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 1,283 shares of the investment management company's stock worth $735,000 after purchasing an additional 326 shares in the last quarter. NBT Bank N A NY lifted its position in shares of The Goldman Sachs Group by 13.4% during the fourth quarter. NBT Bank N A NY now owns 8,455 shares of the investment management company's stock worth $4,842,000 after purchasing an additional 1,002 shares in the last quarter. Simplicity Wealth LLC lifted its position in shares of The Goldman Sachs Group by 12.5% during the fourth quarter. Simplicity Wealth LLC now owns 1,124 shares of the investment management company's stock worth $644,000 after purchasing an additional 125 shares in the last quarter. Taika Capital LP acquired a new position in shares of The Goldman Sachs Group during the fourth quarter worth approximately $912,000. Finally, Essex Investment Management Co. LLC lifted its position in shares of The Goldman Sachs Group by 3.4% during the fourth quarter. Essex Investment Management Co. LLC now owns 9,811 shares of the investment management company's stock worth $5,618,000 after purchasing an additional 327 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

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Insider Transactions at The Goldman Sachs Group

In related 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 transaction of $1,275,338.34. Following the transaction, the chief accounting officer now directly owns 6,455 shares of the company's stock, valued at approximately $4,047,349.55. This trade represents a 23.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alex S. Golten sold 5,208 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the transaction, the insider now directly owns 3,545 shares in the company, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,925 shares of company stock worth $12,630,683. 0.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lowered shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and reduced their target price for the stock from $690.00 to $660.00 in a research report on Thursday, February 27th. Oppenheimer lowered their price objective on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating for the company in a research report on Friday, January 3rd. UBS Group increased 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 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 stock a "neutral" rating in a research report on Thursday, November 21st. Finally, Wells Fargo & Company reissued an "overweight" rating on shares of The Goldman Sachs Group in a research report on Friday, February 28th. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $591.69.

The Goldman Sachs Group Stock Performance

GS stock traded down $27.92 during trading hours on Monday, reaching $531.75. The stock had a trading volume of 5,266,940 shares, compared to its average volume of 2,761,526. The stock has a market capitalization of $165.93 billion, a PE ratio of 13.11, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. 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 stock has a 50-day simple moving average of $616.13 and a 200 day simple moving average of $566.49. The Goldman Sachs Group, Inc. has a fifty-two week low of $381.42 and a fifty-two week high of $672.19.

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 EPS for the quarter, beating analysts' consensus estimates of $8.21 by $3.74. The firm had revenue of $13.87 billion during the quarter, compared to analysts' expectations of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted $5.48 earnings per share. 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 business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio 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.