Natixis Has $19.28 Million Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Natixis raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 18.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,664 shares of the investment management company's stock after acquiring an additional 5,144 shares during the quarter. Natixis' holdings in The Goldman Sachs Group were worth $19,277,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in The Goldman Sachs Group by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 6,584,202 shares of the investment management company's stock valued at $3,761,576,000 after purchasing an additional 161,500 shares in the last quarter. Fisher Asset Management LLC grew its stake in The Goldman Sachs Group by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 6,155,336 shares of the investment management company's stock valued at $3,524,669,000 after acquiring an additional 112,696 shares during the period. FMR LLC increased its holdings in shares of The Goldman Sachs Group by 23.7% in the fourth quarter. FMR LLC now owns 3,586,348 shares of the investment management company's stock worth $2,053,614,000 after acquiring an additional 687,711 shares in the last quarter. Invesco Ltd. raised its position in shares of The Goldman Sachs Group by 8.3% during the fourth quarter. Invesco Ltd. now owns 3,010,583 shares of the investment management company's stock worth $1,723,920,000 after purchasing an additional 229,673 shares during the period. Finally, Norges Bank acquired a new stake in The Goldman Sachs Group during the 4th quarter worth approximately $1,603,315,000. Institutional investors own 71.21% of the company's stock.

Insiders Place Their Bets

In related news, Director John B. Hess bought 3,904 shares of the company's stock in a transaction dated Tuesday, April 15th. The stock was purchased at an average price of $511.68 per share, with a total value of $1,997,598.72. Following the completion of the acquisition, the director now owns 3,904 shares of the company's stock, valued at $1,997,598.72. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Treasurer Carey Halio sold 3,640 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $636.74, for a total transaction of $2,317,733.60. Following the sale, the treasurer now directly 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. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS traded up $15.33 on Thursday, reaching $544.64. 1,101,249 shares of the company's stock were exchanged, compared to its average volume of 2,366,904. The Goldman Sachs Group, Inc. has a twelve month low of $414.85 and a twelve month high of $672.19. The company has a fifty day moving average of $553.80 and a 200-day moving average of $572.78. The company has a market capitalization of $169.95 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 0.89 and a beta of 1.33. 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 posted its quarterly earnings data on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, topping analysts' consensus estimates of $12.57 by $1.55. The firm had revenue of $15.06 billion for the quarter, compared to analyst estimates of $14.99 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. During the same quarter last year, the company earned $11.58 EPS. On average, research 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be given a dividend of $3.00 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $12.00 annualized dividend and a yield of 2.20%. The Goldman Sachs Group's dividend payout ratio is 27.85%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Daiwa America lowered The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Morgan Stanley set a $558.00 price objective on shares of The Goldman Sachs Group and gave the stock an "equal weight" rating in a research report on Monday, April 7th. Oppenheimer cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Royal Bank of Canada decreased their price objective on The Goldman Sachs Group from $610.00 to $560.00 and set a "sector perform" rating for the company in a report on Tuesday, April 15th. Finally, Keefe, Bruyette & Woods cut The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and reduced their price target for the stock from $690.00 to $660.00 in a report on Thursday, February 27th. Thirteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $593.40.

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.