Heck Capital Advisors LLC Makes New Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Heck Capital Advisors LLC acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,169 shares of the investment management company's stock, valued at approximately $669,000.

Other institutional investors have also recently made changes to their positions in the company. Mizuho Securities USA LLC increased its position in shares of The Goldman Sachs Group by 30,068.9% during the third quarter. Mizuho Securities USA LLC now owns 7,500,000 shares of the investment management company's stock worth $3,713,325,000 after acquiring an additional 7,475,140 shares during the period. FMR LLC increased its holdings in 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 purchasing an additional 521,054 shares during the period. Janus Henderson Group PLC boosted its stake in shares of 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 buying an additional 251,972 shares during the period. Congress Asset Management Co. grew its position in shares of The Goldman Sachs Group by 829.0% during the third quarter. Congress Asset Management Co. now owns 260,317 shares of the investment management company's stock worth $128,886,000 after buying an additional 232,297 shares in the last quarter. Finally, Rheos Capital Works Inc. increased its stake in shares of The Goldman Sachs Group by 265.4% during the third quarter. Rheos Capital Works Inc. now owns 248,500 shares of the investment management company's stock worth $123,035,000 after buying an additional 180,500 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 several analyst reports. Morgan Stanley boosted their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. HSBC lowered The Goldman Sachs Group from a "buy" rating to a "hold" rating and increased their target price for the company from $569.00 to $608.00 in a report on Tuesday, November 26th. Hsbc Global Res downgraded The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. increased their price objective on The Goldman Sachs Group from $550.00 to $605.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Finally, Evercore ISI boosted their target price on The Goldman Sachs Group from $520.00 to $575.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 16th. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $591.06.

Insider Transactions at The Goldman Sachs Group

In other news, CAO Sheara J. Fredman sold 2,974 shares of the company'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 transaction, the chief accounting officer now directly owns 8,489 shares of the company's stock, valued at $5,046,795.39. This represents a 25.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kevin R. Johnson acquired 2,400 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 17th. The stock was bought at an average price of $619.02 per share, with a total value of $1,485,648.00. Following the purchase, the director now directly owns 2,400 shares of the company's stock, valued at approximately $1,485,648. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 40,865 shares of company stock worth $25,286,862 over the last ninety days. 0.57% of the stock is currently owned by company insiders.

The Goldman Sachs Group Stock Performance

GS stock traded up $1.32 during trading on Tuesday, hitting $633.69. The company had a trading volume of 1,210,371 shares, compared to its average volume of 2,565,676. The firm has a 50-day moving average price of $596.65 and a 200-day moving average price of $542.74. 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 $196.73 billion, a PE ratio of 15.63, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. The Goldman Sachs Group, Inc. has a 1-year low of $375.20 and a 1-year high of $650.00.

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 (EPS) for the quarter, beating analysts' consensus estimates of $8.21 by $3.74. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The business had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. During the same quarter in the previous year, the company posted $5.48 earnings per share. The company's revenue for the quarter was up 22.5% compared to the same quarter last year. On average, analysts expect that The Goldman Sachs Group, Inc. will post 47.1 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company 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 $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 1.89%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 29.59%.

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.