The Goldman Sachs Group, Inc. (NYSE:GS) is O Neil Global Advisors Inc.'s 10th Largest Position

O Neil Global Advisors Inc. boosted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 12.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 6,010 shares of the investment management company's stock after acquiring an additional 680 shares during the quarter. The Goldman Sachs Group comprises about 1.0% of O Neil Global Advisors Inc.'s portfolio, making the stock its 10th largest position. O Neil Global Advisors Inc.'s holdings in The Goldman Sachs Group were worth $3,441,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in GS. Jackson Grant Investment Advisers Inc. grew its stake in The Goldman Sachs Group by 10.9% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 163 shares of the investment management company's stock worth $93,000 after purchasing an additional 16 shares in the last quarter. Ledyard National Bank boosted its stake in shares of The Goldman Sachs Group by 3.4% in the 4th quarter. Ledyard National Bank now owns 486 shares of the investment management company's stock valued at $278,000 after buying an additional 16 shares during the period. Seelaus Asset Management LLC grew its position in shares of The Goldman Sachs Group by 2.5% during the fourth quarter. Seelaus Asset Management LLC now owns 660 shares of the investment management company's stock worth $378,000 after buying an additional 16 shares in the last quarter. Genesee Capital Advisors LLC increased its stake in shares of The Goldman Sachs Group by 1.0% during the fourth quarter. Genesee Capital Advisors LLC now owns 1,788 shares of the investment management company's stock worth $1,024,000 after buying an additional 17 shares during the period. Finally, Horst & Graben Wealth Management LLC raised its holdings in The Goldman Sachs Group by 1.5% in the fourth quarter. Horst & Graben Wealth Management LLC now owns 1,179 shares of the investment management company's stock valued at $675,000 after acquiring an additional 17 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company's stock.

Insider Activity

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 1,545 shares of the stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $624.67, for a total value of $965,115.15. Following the completion of the transaction, the treasurer now owns 8,192 shares in the company, valued at approximately $5,117,296.64. This represents a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO David M. Solomon sold 6,550 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $610.91, for a total transaction of $4,001,460.50. Following the completion of the transaction, the chief executive officer now owns 117,883 shares of the company's stock, valued at $72,015,903.53. This represents a 5.26 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,475 shares of company stock valued at $19,692,543 over the last quarter. Corporate insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on GS. Barclays raised their price objective on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the company an "overweight" rating in a report on Thursday, January 16th. Hsbc Global Res downgraded The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. Oppenheimer cut their price objective on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. Wells Fargo & Company upped their target price on shares of The Goldman Sachs Group from $680.00 to $720.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Keefe, Bruyette & Woods lifted their price target on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an "outperform" rating in a research note on Thursday, January 16th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $593.56.

The Goldman Sachs Group Stock Performance

GS traded down $16.56 on Friday, hitting $625.70. 2,996,182 shares of the company traded hands, compared to its average volume of 2,555,497. The Goldman Sachs Group, Inc. has a 12-month low of $381.42 and a 12-month high of $672.19. The company has a 50 day moving average of $610.78 and a 200-day moving average of $556.55. 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 stock has a market capitalization of $195.24 billion, a PE ratio of 15.43, a PEG ratio of 0.93 and a beta of 1.39.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $12.36 billion. During the same quarter in the prior year, the business earned $5.48 earnings per share. The company's quarterly revenue was up 22.5% compared to the same quarter last year. Sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

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 issued a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group's payout ratio is 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.