MassMutual Private Wealth & Trust FSB Has $10.89 Million Position in The Goldman Sachs Group, Inc. (NYSE:GS)

MassMutual Private Wealth & Trust FSB raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 52.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,011 shares of the investment management company's stock after acquiring an additional 6,546 shares during the quarter. MassMutual Private Wealth & Trust FSB's holdings in The Goldman Sachs Group were worth $10,886,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GS. Waddell & Associates LLC raised its holdings in The Goldman Sachs Group by 2.1% during the third quarter. Waddell & Associates LLC now owns 896 shares of the investment management company's stock valued at $444,000 after buying an additional 18 shares in the last quarter. Wescott Financial Advisory Group LLC raised its stake in shares of The Goldman Sachs Group by 0.7% in the 3rd quarter. Wescott Financial Advisory Group LLC now owns 2,719 shares of the investment management company's stock valued at $1,346,000 after acquiring an additional 18 shares in the last quarter. Bank of New Hampshire lifted its holdings in The Goldman Sachs Group by 8.0% in the 4th quarter. Bank of New Hampshire now owns 243 shares of the investment management company's stock worth $139,000 after purchasing an additional 18 shares during the last quarter. First Pacific Financial boosted its position in The Goldman Sachs Group by 0.6% during the third quarter. First Pacific Financial now owns 3,167 shares of the investment management company's stock worth $1,568,000 after purchasing an additional 20 shares during the period. Finally, Krane Funds Advisors LLC raised its position in shares of The Goldman Sachs Group by 1.7% in the third quarter. Krane Funds Advisors LLC now owns 1,177 shares of the investment management company's stock valued at $583,000 after purchasing an additional 20 shares during the period. 71.21% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on GS. Keefe, Bruyette & Woods upped their price objective on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an "outperform" rating in a report on Thursday. Evercore ISI lifted their price objective 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. UBS Group restated a "neutral" rating and issued a $610.00 price objective on shares of The Goldman Sachs Group in a research note on Monday, January 6th. Oppenheimer decreased their price target on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating on the stock in a research note on Friday, January 3rd. Finally, Hsbc Global Res lowered shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat, The Goldman Sachs Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $589.19.

The Goldman Sachs Group Trading Up 2.3 %

GS traded up $13.85 during trading on Monday, reaching $626.84. 3,415,883 shares of the company's stock were exchanged, compared to its average volume of 1,627,718. The company's fifty day moving average price is $587.22 and its 200-day moving average price is $530.73. The firm has a market capitalization of $196.77 billion, a PE ratio of 18.39, a P/E/G ratio of 0.66 and a beta of 1.38. The Goldman Sachs Group, Inc. has a fifty-two week low of $372.07 and a fifty-two week high of $627.00. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released 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 during the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a return on equity of 11.39% and a net margin of 9.89%. The firm's revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.48 earnings per share. As a group, equities analysts forecast that The Goldman Sachs Group, Inc. will post 37.24 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is currently 35.21%.

Insider Buying and Selling at The Goldman Sachs Group

In other news, EVP John F.W. Rogers sold 6,416 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $596.36, for a total transaction of $3,826,245.76. Following the completion of the sale, the executive vice president now owns 57,614 shares of the company's stock, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Sheara J. Fredman sold 2,974 shares of the stock in a transaction on Wednesday, November 6th. The stock was 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 owns 8,489 shares of the company's stock, valued at $5,046,795.39. The trade was a 25.94 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 20,940 shares of company stock valued at $12,656,179. Corporate insiders own 0.57% of the company's stock.

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.