RMR Capital Management LLC Sells 589 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

RMR Capital Management LLC lowered its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 23.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,911 shares of the investment management company's stock after selling 589 shares during the quarter. RMR Capital Management LLC's holdings in The Goldman Sachs Group were worth $1,094,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Genesee Capital Advisors LLC increased its stake in The Goldman Sachs Group by 1.0% during the 4th quarter. Genesee Capital Advisors LLC now owns 1,788 shares of the investment management company's stock worth $1,024,000 after purchasing an additional 17 shares in the last quarter. Waddell & Associates LLC increased its position in shares of 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 worth $444,000 after acquiring an additional 18 shares in the last quarter. Wescott Financial Advisory Group LLC raised its holdings in shares of The Goldman Sachs Group by 0.7% during the third quarter. Wescott Financial Advisory Group LLC now owns 2,719 shares of the investment management company's stock worth $1,346,000 after acquiring an additional 18 shares during the period. Bank of New Hampshire boosted its stake 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 period. Finally, Marino Stram & Associates LLC increased its holdings in The Goldman Sachs Group by 4.2% during the 4th quarter. Marino Stram & Associates LLC now owns 449 shares of the investment management company's stock worth $257,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Stock Performance

GS traded up $8.39 during trading hours on Thursday, reaching $645.77. The company's stock had a trading volume of 1,807,096 shares, compared to its average volume of 2,695,166. The company's 50-day moving average is $594.34 and its 200-day moving average is $539.40. The Goldman Sachs Group, Inc. has a 52 week low of $375.20 and a 52 week high of $649.52. The firm has a market cap of $202.71 billion, a PE ratio of 15.93, a price-to-earnings-growth ratio of 0.88 and a beta of 1.38. 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 the consensus estimate of $8.21 by $3.74. The firm had revenue of $13.87 billion for the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company's quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the company earned $5.48 earnings per share. On average, equities analysts forecast that The Goldman Sachs Group, Inc. will post 46.81 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. Stockholders 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 dividend yield of 1.86%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is presently 29.59%.

Insider Activity

In other The Goldman Sachs Group news, EVP John F.W. Rogers sold 6,416 shares of the firm's stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $596.36, for a total transaction of $3,826,245.76. Following the transaction, the executive vice president now owns 57,614 shares in the company, valued at $34,358,685.04. This trade represents a 10.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Treasurer Carey Halio sold 3,640 shares of the company's stock in a transaction on Friday, January 24th. The shares were sold at an average price of $636.74, for a total value of $2,317,733.60. Following the sale, the treasurer now owns 4,552 shares of the company's stock, valued at approximately $2,898,440.48. The trade was a 44.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 40,865 shares of company stock valued at $25,286,862. 0.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GS. UBS Group boosted their price target on The Goldman Sachs Group from $610.00 to $640.00 and gave the company a "neutral" rating in a report on Tuesday, January 21st. Keefe, Bruyette & Woods upped their price target on The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an "outperform" rating in a research report on Thursday, January 16th. Wells Fargo & Company lifted their price objective on shares of The Goldman Sachs Group from $600.00 to $680.00 and gave the company an "overweight" rating in a report on Friday, November 15th. JMP Securities increased their target price on shares of The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a "market outperform" rating in a report on Wednesday, October 9th. Finally, Hsbc Global Res lowered shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 26th. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group currently has a consensus rating of "Moderate Buy" and an average target price of $591.06.

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.