Level Four Advisory Services LLC Purchases 1,143 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Level Four Advisory Services LLC grew its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 7.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,696 shares of the investment management company's stock after purchasing an additional 1,143 shares during the period. Level Four Advisory Services LLC's holdings in The Goldman Sachs Group were worth $9,561,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Orion Portfolio Solutions LLC raised its position in shares of The Goldman Sachs Group by 10.3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 14,265 shares of the investment management company's stock worth $8,168,000 after purchasing an additional 1,335 shares during the period. Pictet Asset Management Holding SA lifted its stake in The Goldman Sachs Group by 25.7% during the fourth quarter. Pictet Asset Management Holding SA now owns 213,747 shares of the investment management company's stock valued at $122,396,000 after buying an additional 43,709 shares in the last quarter. Broadway Wealth Solutions Inc. purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at about $309,000. Boussard & Gavaudan Investment Management LLP purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $16,430,000. Finally, New Age Alpha Advisors LLC purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $3,960,000. Institutional investors and hedge funds own 71.21% of the company's stock.

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Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of The Goldman Sachs Group stock in a transaction that occurred on 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 directly owns 4,552 shares of the company's stock, valued at $2,898,440.48. The trade was a 44.43 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Alex S. Golten sold 5,208 shares of the company's stock in a transaction that occurred 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 transaction, the insider now owns 3,545 shares of the company's stock, valued at approximately $2,255,506.25. This trade represents a 59.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,925 shares of company stock worth $12,630,683. 0.55% of the stock is owned by insiders.

The Goldman Sachs Group Stock Up 0.7 %

The Goldman Sachs Group stock traded up $3.63 during mid-day trading on Monday, hitting $546.75. 1,530,699 shares of the company's stock were exchanged, compared to its average volume of 2,280,111. The Goldman Sachs Group, Inc. has a 1-year low of $387.12 and a 1-year high of $672.19. The stock has a 50 day moving average of $608.15 and a two-hundred day moving average of $572.36. The stock has a market cap of $170.61 billion, a P/E ratio of 13.48, a P/E/G ratio of 0.89 and a beta of 1.37. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings data 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 business 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 firm's revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.48 EPS. As a group, analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were issued a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is currently 29.59%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Morgan Stanley decreased their price objective on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Keefe, Bruyette & Woods downgraded The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and lowered their price target for the company from $690.00 to $660.00 in a report on Thursday, February 27th. Barclays increased their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Oppenheimer downgraded The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. Finally, UBS Group upped their price objective on shares of 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. Ten research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $590.60.

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.