Tokio Marine Asset Management Co. Ltd. Buys 453 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Tokio Marine Asset Management Co. Ltd. raised its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,502 shares of the investment management company's stock after acquiring an additional 453 shares during the period. Tokio Marine Asset Management Co. Ltd.'s holdings in The Goldman Sachs Group were worth $5,441,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. West Branch Capital LLC bought a new stake in shares of The Goldman Sachs Group in the third quarter worth $30,000. DT Investment Partners LLC lifted its stake in The Goldman Sachs Group by 110.0% during the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company's stock worth $31,000 after purchasing an additional 33 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of The Goldman Sachs Group during the third quarter worth $34,000. Country Trust Bank bought a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $37,000. Finally, Capital Performance Advisors LLP bought a new position in The Goldman Sachs Group in the third quarter worth about $38,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

GS has been the subject of several analyst reports. Oppenheimer reduced their price target 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. JMP Securities increased their price target on The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a "market outperform" rating in a research note on Wednesday, October 9th. Barclays increased their target price on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. UBS Group lifted their price target on The Goldman Sachs Group from $610.00 to $640.00 and gave the company a "neutral" rating in a research report on Tuesday, January 21st. Finally, JPMorgan Chase & Co. raised their price objective on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the company an "overweight" rating in a research report on Thursday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $591.06.

The Goldman Sachs Group Stock Up 0.3 %

Shares of NYSE GS traded up $2.11 during trading hours on Tuesday, hitting $634.48. The stock had a trading volume of 1,743,131 shares, compared to its average volume of 2,593,334. 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 company has a market capitalization of $196.97 billion, a P/E ratio of 15.65, a P/E/G ratio of 0.89 and a beta of 1.39. The Goldman Sachs Group, Inc. has a 52 week low of $375.20 and a 52 week high of $650.00. The firm's 50-day moving average price is $596.65 and its two-hundred day moving average price is $542.74.

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 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.21 by $3.74. The company had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The firm's revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.48 EPS. Analysts anticipate that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $3.00 dividend. The ex-dividend date is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a yield of 1.89%. The Goldman Sachs Group's payout ratio is presently 29.59%.

Insiders Place Their Bets

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of the firm's stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $636.74, for a total value of $2,317,733.60. Following the completion of the sale, the treasurer now owns 4,552 shares in the company, valued at approximately $2,898,440.48. This trade represents a 44.43 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathryn H. Ruemmler sold 7,498 shares of The Goldman Sachs Group stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the sale, the insider now owns 9,589 shares in the company, valued at $6,086,042.41. This represents a 43.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,865 shares of company stock valued at $25,286,862 in the last quarter. Insiders own 0.57% of the company's stock.

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.