The Goldman Sachs Group, Inc. (NYSE:GS) Shares Bought by Virtu Financial LLC

Virtu Financial LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 233.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,699 shares of the investment management company's stock after buying an additional 3,991 shares during the period. Virtu Financial LLC's holdings in The Goldman Sachs Group were worth $3,263,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Millstone Evans Group LLC purchased a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $186,000. Lakeshore Financial Planning Inc. purchased a new position in The Goldman Sachs Group in the fourth quarter worth approximately $228,000. Oxford Financial Group LTD. LLC acquired a new position in The Goldman Sachs Group during the 4th quarter worth approximately $369,000. Adams Diversified Equity Fund Inc. purchased a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at approximately $20,156,000. Finally, TD Private Client Wealth LLC raised its holdings in shares of The Goldman Sachs Group by 31.0% in the 4th quarter. TD Private Client Wealth LLC now owns 6,507 shares of the investment management company's stock valued at $3,726,000 after purchasing an additional 1,541 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Performance

Shares of GS traded down $12.57 during mid-day trading on Wednesday, hitting $573.37. 1,942,441 shares of the company's stock were exchanged, compared to its average volume of 2,238,244. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The Goldman Sachs Group, Inc. has a fifty-two week low of $387.12 and a fifty-two week high of $672.19. The business's 50 day moving average is $611.53 and its two-hundred day moving average is $570.61. The firm has a market capitalization of $178.91 billion, a P/E ratio of 14.14, a P/E/G ratio of 0.89 and a beta of 1.37.

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The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, topping analysts' consensus estimates of $8.21 by $3.74. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The company had revenue of $13.87 billion during the quarter, compared to analysts' expectations of $12.36 billion. During the same period last year, the firm earned $5.48 EPS. The firm's revenue for the quarter was up 22.5% on a year-over-year basis. On average, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share 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. Investors of record on Friday, February 28th will be given a $3.00 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a yield of 2.09%. The Goldman Sachs Group's dividend payout ratio (DPR) is 29.59%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 2,034 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $627.01, for a total value of $1,275,338.34. Following the sale, the chief accounting officer now owns 6,455 shares of the company's stock, valued at approximately $4,047,349.55. The trade was a 23.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin R. Johnson bought 2,400 shares of the business's stock in a transaction dated Friday, January 17th. The shares were acquired at an average cost of $619.02 per share, with a total value of $1,485,648.00. Following the completion of the purchase, the director now owns 2,400 shares in the company, valued at approximately $1,485,648. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders have sold 19,925 shares of company stock valued at $12,630,683. 0.54% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Oppenheimer downgraded shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Morgan Stanley lowered their price objective on The Goldman Sachs Group from $782.00 to $659.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Hsbc Global Res lowered The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 26th. Wells Fargo & Company reaffirmed an "overweight" rating on shares of The Goldman Sachs Group in a report on Friday, February 28th. Finally, Keefe, Bruyette & Woods cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and cut their price objective for the stock from $690.00 to $660.00 in a report on Thursday, February 27th. Ten equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $593.27.

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.