Private Wealth Partners LLC Has $25.17 Million Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Private Wealth Partners LLC lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 43,952 shares of the investment management company's stock after selling 620 shares during the period. The Goldman Sachs Group accounts for approximately 1.9% of Private Wealth Partners LLC's holdings, making the stock its 15th biggest holding. Private Wealth Partners LLC's holdings in The Goldman Sachs Group were worth $25,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jackson Grant Investment Advisers Inc. boosted its holdings in The Goldman Sachs Group by 10.9% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 163 shares of the investment management company's stock valued at $93,000 after purchasing an additional 16 shares during the period. Ledyard National Bank boosted its holdings in 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 purchasing an additional 16 shares during the period. Seelaus Asset Management LLC boosted its holdings in The Goldman Sachs Group by 2.5% in the 4th quarter. Seelaus Asset Management LLC now owns 660 shares of the investment management company's stock valued at $378,000 after purchasing an additional 16 shares during the period. Genesee Capital Advisors LLC boosted its holdings in The Goldman Sachs Group by 1.0% in the 4th quarter. Genesee Capital Advisors LLC now owns 1,788 shares of the investment management company's stock valued at $1,024,000 after purchasing an additional 17 shares during the period. Finally, Horst & Graben Wealth Management LLC boosted its holdings in The Goldman Sachs Group by 1.5% in the 4th quarter. Horst & Graben Wealth Management LLC now owns 1,179 shares of the investment management company's stock valued at $675,000 after purchasing an additional 17 shares during the period. Institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Trading Down 2.5 %

The Goldman Sachs Group stock traded down $16.35 during midday trading on Friday, hitting $625.91. 1,940,168 shares of the stock were exchanged, compared to its average volume of 2,518,325. The company has a fifty day simple moving average of $610.78 and a two-hundred day simple moving average of $556.55. The Goldman Sachs Group, Inc. has a 52 week low of $381.42 and a 52 week high of $672.19. The stock has a market capitalization of $195.31 billion, a PE ratio of 15.46, a P/E/G ratio of 0.93 and a beta of 1.39. 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 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 earnings per share for the quarter, topping the consensus estimate of $8.21 by $3.74. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. During the same quarter last year, the firm earned $5.48 EPS. The Goldman Sachs Group's quarterly revenue was up 22.5% compared to the same quarter last year. Equities research analysts anticipate 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, March 28th. Investors of record on Friday, February 28th will be paid a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a yield of 1.92%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's payout ratio is 29.59%.

Insider Buying and Selling

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 1,545 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total value of $965,115.15. Following the transaction, the treasurer now owns 8,192 shares of the company's stock, valued at approximately $5,117,296.64. The trade was a 15.87 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Sheara J. Fredman sold 2,034 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total transaction of $1,275,338.34. Following the completion of the transaction, the chief accounting officer now directly owns 6,455 shares in the company, valued at approximately $4,047,349.55. The trade was a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,475 shares of company stock valued at $19,692,543 in the last 90 days. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Citigroup increased their price target on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the company a "neutral" rating in a report on Thursday, November 21st. UBS Group raised their price objective on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a "neutral" rating in a report on Tuesday, January 21st. Keefe, Bruyette & Woods raised 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, January 16th. Morgan Stanley raised their price objective on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Finally, HSBC cut shares of The Goldman Sachs Group from a "buy" rating to a "hold" rating and increased their target price for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $593.56.

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.