The Goldman Sachs Group, Inc. (NYSE:GS) Stock Holdings Lifted by Waldron Private Wealth LLC

Waldron Private Wealth LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 22.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,328 shares of the investment management company's stock after buying an additional 605 shares during the quarter. Waldron Private Wealth LLC's holdings in The Goldman Sachs Group were worth $1,906,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the business. West Branch Capital LLC acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $30,000. DT Investment Partners LLC lifted its position 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 valued at $31,000 after buying an additional 33 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at $34,000. Country Trust Bank acquired a new position in shares of The Goldman Sachs Group during the 3rd quarter valued at $37,000. Finally, Capital Performance Advisors LLP purchased a new stake in The Goldman Sachs Group during the 3rd quarter worth $38,000. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Sheara J. Fredman sold 2,974 shares of the firm's stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $594.51, for a total transaction of $1,768,072.74. Following the transaction, the chief accounting officer now owns 8,489 shares in the company, valued at $5,046,795.39. This trade represents a 25.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kathryn H. Ruemmler sold 7,498 shares of the firm'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 transaction of $4,758,905.62. Following the transaction, 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 have sold a total of 40,865 shares of company stock worth $25,286,862 over the last quarter. 0.57% of the stock is owned by company insiders.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS traded up $1.31 during trading on Tuesday, reaching $633.68. 1,210,371 shares of the company's stock traded hands, compared to its average volume of 2,565,676. The stock has a market capitalization of $196.72 billion, a P/E ratio of 15.63, a price-to-earnings-growth ratio of 0.89 and a beta of 1.39. 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 50 day moving average of $596.65 and a 200-day moving average of $542.74. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67.

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 earnings per share for the quarter, topping the consensus estimate of $8.21 by $3.74. The firm 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 Goldman Sachs Group's quarterly revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.48 earnings per share. On average, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed 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. 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 (DPR) is 29.59%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Barclays boosted their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an "overweight" rating in a research note on Thursday, January 16th. JMP Securities increased their price objective on shares of The Goldman Sachs Group from $525.00 to $550.00 and gave the company a "market outperform" rating in a research report on Wednesday, October 9th. Wells Fargo & Company boosted 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 research report on Friday, November 15th. Hsbc Global Res downgraded shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley boosted their price objective on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $591.06.

The Goldman Sachs Group Company 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.