Paradigm Asset Management Co. LLC Has $3.95 Million Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Paradigm Asset Management Co. LLC increased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 50.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,902 shares of the investment management company's stock after buying an additional 2,300 shares during the quarter. The Goldman Sachs Group accounts for about 1.1% of Paradigm Asset Management Co. LLC's investment portfolio, making the stock its 8th largest position. Paradigm Asset Management Co. LLC's holdings in The Goldman Sachs Group were worth $3,952,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Stephens Consulting LLC bought a new stake in The Goldman Sachs Group during the 4th quarter worth approximately $26,000. Asset Planning Inc bought a new stake in The Goldman Sachs Group during the fourth quarter valued at about $29,000. DT Investment Partners LLC lifted its position in shares of The Goldman Sachs Group by 110.0% in the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company's stock valued at $31,000 after acquiring an additional 33 shares in the last quarter. Truvestments Capital LLC bought a new position in shares of The Goldman Sachs Group in the third quarter worth about $34,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of The Goldman Sachs Group during the third quarter worth about $38,000. 71.21% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

GS has been the topic of a number of research analyst reports. Hsbc Global Res cut The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. HSBC downgraded shares of The Goldman Sachs Group from a "buy" rating to a "hold" rating and boosted their target price for the stock from $569.00 to $608.00 in a report on Tuesday, November 26th. UBS Group raised their target price on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a "neutral" rating in a research note on Tuesday, January 21st. JPMorgan Chase & Co. boosted their price target on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. Finally, Oppenheimer dropped their price objective on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an "outperform" rating for the company in a report on Friday, January 3rd. 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, the stock presently has an average rating of "Moderate Buy" and an average price target of $593.56.

Insider Buying and Selling

In other news, CAO Sheara J. Fredman sold 2,034 shares of the firm's 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 transaction, the chief accounting officer now directly owns 6,455 shares of the company's stock, valued at approximately $4,047,349.55. This trade represents a 23.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Alex S. Golten sold 5,208 shares of the business's stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the sale, the insider now owns 3,545 shares of the company's stock, valued at $2,255,506.25. The trade was a 59.50 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 31,475 shares of company stock valued at $19,692,543. Insiders own 0.54% of the company's stock.

The Goldman Sachs Group Trading Down 2.6 %

GS stock traded down $16.56 during mid-day trading on Friday, reaching $625.70. 2,996,182 shares of the stock traded hands, compared to its average volume of 2,555,497. The Goldman Sachs Group, Inc. has a one year low of $381.42 and a one year high of $672.19. 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 company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67. The business has a 50-day moving average price of $610.78 and a two-hundred day moving average price of $556.55.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings results 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 company 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 firm's revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.48 EPS. Equities research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is currently 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.