Calamos Wealth Management LLC Has $2.89 Million Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Calamos Wealth Management LLC boosted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 106.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,048 shares of the investment management company's stock after purchasing an additional 2,603 shares during the period. Calamos Wealth Management LLC's holdings in The Goldman Sachs Group were worth $2,891,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Genesee Capital Advisors LLC boosted its holdings in shares of The Goldman Sachs Group by 1.0% in the fourth quarter. Genesee Capital Advisors LLC now owns 1,788 shares of the investment management company's stock valued at $1,024,000 after buying an additional 17 shares during the period. Horst & Graben Wealth Management LLC boosted its holdings in shares of 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 buying an additional 17 shares during the period. Waddell & Associates LLC boosted its holdings in shares of The Goldman Sachs Group by 2.1% in the third quarter. Waddell & Associates LLC now owns 896 shares of the investment management company's stock valued at $444,000 after buying an additional 18 shares during the period. Wescott Financial Advisory Group LLC boosted its holdings in shares of The Goldman Sachs Group by 0.7% in the third quarter. Wescott Financial Advisory Group LLC now owns 2,719 shares of the investment management company's stock valued at $1,346,000 after buying an additional 18 shares during the period. Finally, Bank of New Hampshire boosted its holdings in shares of The Goldman Sachs Group by 8.0% in the fourth quarter. Bank of New Hampshire now owns 243 shares of the investment management company's stock valued at $139,000 after buying an additional 18 shares during the period. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of the firm's stock in a transaction dated 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 transaction, the treasurer now directly owns 4,552 shares of the company's stock, valued at $2,898,440.48. This trade represents a 44.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alex S. Golten sold 5,208 shares of the firm's stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the completion of the transaction, the insider now directly owns 3,545 shares in the company, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 40,865 shares of company stock valued at $25,286,862. 0.57% of the stock is owned by company insiders.

The Goldman Sachs Group Stock Performance

Shares of GS traded up $2.11 during trading hours on Tuesday, hitting $634.48. The company had a trading volume of 1,743,131 shares, compared to its average volume of 2,593,334. The firm has a market cap of $196.97 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 0.89 and a beta of 1.39. The business has a fifty day moving average of $596.65 and a 200-day moving average of $542.74. The Goldman Sachs Group, Inc. has a 12 month low of $375.20 and a 12 month high of $650.00. 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 issued its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share 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 analyst estimates 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 revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the firm earned $5.48 earnings per share. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current fiscal 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 given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group's dividend payout ratio is 29.59%.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wells Fargo & Company increased their target price on shares of The Goldman Sachs Group from $600.00 to $680.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Keefe, Bruyette & Woods increased their target price 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. Barclays increased their target price on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. 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 cut shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 26th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus 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.