The Goldman Sachs Group, Inc. (NYSE:GS) Shares Bought by Leeward Financial Partners LLC

Leeward Financial Partners LLC grew its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,254 shares of the investment management company's stock after purchasing an additional 766 shares during the quarter. The Goldman Sachs Group makes up about 1.9% of Leeward Financial Partners LLC's holdings, making the stock its 16th largest position. Leeward Financial Partners LLC's holdings in The Goldman Sachs Group were worth $5,299,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Quantbot Technologies LP purchased a new position in The Goldman Sachs Group during the 3rd quarter worth $206,000. Morse Asset Management Inc acquired a new stake in shares of The Goldman Sachs Group during the third quarter worth about $911,000. Royal London Asset Management Ltd. grew its holdings in shares of The Goldman Sachs Group by 2.3% during the third quarter. Royal London Asset Management Ltd. now owns 220,855 shares of the investment management company's stock worth $109,348,000 after buying an additional 4,980 shares during the last quarter. Quantinno Capital Management LP raised its stake in The Goldman Sachs Group by 36.1% during the 3rd quarter. Quantinno Capital Management LP now owns 34,431 shares of the investment management company's stock valued at $17,048,000 after acquiring an additional 9,140 shares during the last quarter. Finally, SageView Advisory Group LLC lifted its position in The Goldman Sachs Group by 19.1% during the 3rd quarter. SageView Advisory Group LLC now owns 2,181 shares of the investment management company's stock worth $1,080,000 after acquiring an additional 349 shares during the period. Institutional investors and hedge funds own 71.21% of the company's stock.

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Analyst Ratings Changes

GS has been the subject of several analyst reports. Keefe, Bruyette & Woods cut 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 research note on Thursday, February 27th. JPMorgan Chase & Co. cut their price objective on shares of The Goldman Sachs Group from $625.00 to $614.00 and set an "overweight" rating for the company in a research report on Thursday, April 3rd. Citigroup dropped their price target on shares of The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating on the stock in a research note on Monday, March 24th. Oppenheimer lowered The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. Finally, Wells Fargo & Company cut their target price on The Goldman Sachs Group from $720.00 to $680.00 and set an "overweight" rating for the company in a research note on Friday, March 28th. Thirteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $582.88.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 5,208 shares of the company's stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Treasurer Carey Halio sold 3,640 shares of the stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $636.74, for a total value of $2,317,733.60. Following the transaction, the treasurer now owns 4,552 shares in the company, valued at $2,898,440.48. This trade represents a 44.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,925 shares of company stock worth $12,630,683. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded up $6.31 on Tuesday, hitting $471.82. The company's stock had a trading volume of 1,990,651 shares, compared to its average volume of 2,879,530. The stock has a 50 day moving average of $594.18 and a 200-day moving average of $573.71. The company has a market capitalization of $147.23 billion, a price-to-earnings ratio of 11.62, a price-to-earnings-growth ratio of 0.89 and a beta of 1.33. 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 current ratio of 0.67 and a quick ratio of 0.67.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted 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 firm had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The Goldman Sachs Group's revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.48 EPS. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed 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. This represents a $12.00 dividend on an annualized basis and a yield of 2.54%. The ex-dividend date of this dividend was Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is presently 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.