U.S. Capital Wealth Advisors LLC Cuts Stake in The Goldman Sachs Group, Inc. (NYSE:GS)

U.S. Capital Wealth Advisors LLC cut its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 47.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,774 shares of the investment management company's stock after selling 4,259 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in The Goldman Sachs Group were worth $2,734,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. West Branch Capital LLC bought a new stake in The Goldman Sachs Group in the third quarter valued at $30,000. DT Investment Partners LLC increased its position in The Goldman Sachs Group by 110.0% in the 3rd quarter. DT Investment Partners LLC now owns 63 shares of the investment management company's stock valued at $31,000 after buying an additional 33 shares in the last quarter. Truvestments Capital LLC acquired a new position in The Goldman Sachs Group during the 3rd quarter worth approximately $34,000. Country Trust Bank bought a new position in The Goldman Sachs Group in the third quarter worth approximately $37,000. Finally, Capital Performance Advisors LLP acquired a new stake in The Goldman Sachs Group in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group Stock Performance

GS traded up $2.11 during midday trading on Tuesday, reaching $634.48. The company had a trading volume of 1,743,131 shares, compared to its average volume of 2,593,334. The business has a 50-day moving average price of $596.65 and a two-hundred day moving average price of $542.74. 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, Inc. has a 12-month low of $375.20 and a 12-month high of $650.00. The stock has a market cap of $196.97 billion, a PE ratio of 15.65, a P/E/G ratio of 0.89 and a beta of 1.39.

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 business 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 revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.48 earnings per share. On average, sell-side analysts expect that The Goldman Sachs Group, Inc. will post 47.1 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders 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 annualized dividend and a yield of 1.89%. The Goldman Sachs Group's dividend payout ratio is currently 29.59%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on GS shares. JPMorgan Chase & Co. upped their target price on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an "overweight" rating in a research report on Thursday, January 16th. UBS Group raised their price objective 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. Bank of America boosted their target price on shares of The Goldman Sachs Group from $563.00 to $575.00 and gave the stock a "buy" rating in a research report on Wednesday, October 16th. Keefe, Bruyette & Woods raised their price target on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the company an "outperform" rating in a research report on Thursday, January 16th. Finally, Wells Fargo & Company boosted their price objective on The Goldman Sachs Group from $600.00 to $680.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of "Moderate Buy" and a consensus price target of $591.06.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 7,498 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total value of $4,758,905.62. Following the transaction, the insider now directly owns 9,589 shares in the company, valued at approximately $6,086,042.41. This represents a 43.88 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Treasurer Carey Halio sold 3,640 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $636.74, for a total transaction 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. Insiders sold 40,865 shares of company stock valued at $25,286,862 in the last quarter. 0.57% of the stock is currently owned by corporate insiders.

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.