Natixis Advisors L.P. Has $47.82 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Natixis Advisors L.P. raised its holdings in The Goldman Sachs Group, Inc. (NYSE:GSGet Rating) by 2.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 124,997 shares of the investment management company’s stock after acquiring an additional 2,810 shares during the quarter. Natixis Advisors L.P.’s holdings in The Goldman Sachs Group were worth $47,818,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hyman Charles D lifted its stake in shares of The Goldman Sachs Group by 14.2% in the fourth quarter. Hyman Charles D now owns 41,529 shares of the investment management company’s stock worth $15,887,000 after buying an additional 5,167 shares during the last quarter. Parsec Financial Management Inc. lifted its stake in shares of The Goldman Sachs Group by 2.7% in the fourth quarter. Parsec Financial Management Inc. now owns 1,697 shares of the investment management company’s stock worth $649,000 after buying an additional 45 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of The Goldman Sachs Group by 1.4% in the fourth quarter. CIBC Private Wealth Group LLC now owns 643,411 shares of the investment management company’s stock worth $246,137,000 after buying an additional 9,100 shares during the last quarter. Brinker Capital Investments LLC lifted its stake in shares of The Goldman Sachs Group by 94.8% in the fourth quarter. Brinker Capital Investments LLC now owns 4,962 shares of the investment management company’s stock worth $1,898,000 after buying an additional 2,415 shares during the last quarter. Finally, Westpac Banking Corp lifted its stake in shares of The Goldman Sachs Group by 22.7% in the fourth quarter. Westpac Banking Corp now owns 64,717 shares of the investment management company’s stock worth $24,757,000 after buying an additional 11,954 shares during the last quarter. Hedge funds and other institutional investors own 71.52% of the company’s stock.

Shares of NYSE GS traded down $12.92 during mid-day trading on Friday, hitting $305.49. 3,129,608 shares of the stock were exchanged, compared to its average volume of 2,893,618. The company has a market cap of $103.23 billion, a P/E ratio of 5.93, a PEG ratio of 0.64 and a beta of 1.45. The stock’s fifty day simple moving average is $330.24 and its two-hundred day simple moving average is $366.53. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.88 and a current ratio of 1.20. The Goldman Sachs Group, Inc. has a twelve month low of $304.71 and a twelve month high of $426.16.

The Goldman Sachs Group (NYSE:GSGet Rating) last posted its quarterly earnings data on Thursday, April 14th. The investment management company reported $10.76 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $10.00 by $0.76. The company had revenue of $12.93 billion during the quarter, compared to analyst estimates of $11.76 billion. The Goldman Sachs Group had a net margin of 31.21% and a return on equity of 18.59%. The company’s revenue was down 26.9% on a year-over-year basis. During the same quarter last year, the business posted $18.60 earnings per share. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 37.99 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 29th. Stockholders of record on Wednesday, June 1st will be issued a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 2.62%. The ex-dividend date of this dividend is Tuesday, May 31st. The Goldman Sachs Group’s payout ratio is 15.53%.

GS has been the topic of a number of research reports. Citigroup dropped their target price on shares of The Goldman Sachs Group from $480.00 to $455.00 in a research report on Thursday, January 20th. Oppenheimer dropped their target price on shares of The Goldman Sachs Group from $598.00 to $574.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 19th. Wells Fargo & Company lowered shares of The Goldman Sachs Group from an “overweight” rating to an “equal weight” rating in a research report on Monday, February 28th. JPMorgan Chase & Co. set a $416.00 target price on shares of The Goldman Sachs Group in a research report on Friday, April 1st. Finally, BMO Capital Markets dropped their target price on shares of The Goldman Sachs Group from $488.00 to $486.00 and set an “outperform” rating on the stock in a research report on Monday, April 18th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average price target of $440.18.

In related news, CEO David M. Solomon sold 9,768 shares of the firm’s stock in a transaction that occurred on Tuesday, April 19th. The shares were sold at an average price of $334.57, for a total value of $3,268,079.76. Following the completion of the sale, the chief executive officer now owns 96,467 shares of the company’s stock, valued at $32,274,964.19. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Profile (Get Rating)

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 four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management.

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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