The Goldman Sachs Group, Inc. (NYSE:GS) Shares Sold by Intrinsic Value Partners LLC

Intrinsic Value Partners LLC decreased its position in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 1.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,874 shares of the investment management company’s stock after selling 42 shares during the quarter. The Goldman Sachs Group comprises approximately 1.3% of Intrinsic Value Partners LLC’s holdings, making the stock its 18th largest position. Intrinsic Value Partners LLC’s holdings in The Goldman Sachs Group were worth $1,109,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Patton Albertson Miller Group LLC boosted its stake in shares of The Goldman Sachs Group by 17.8% during the 4th quarter. Patton Albertson Miller Group LLC now owns 15,799 shares of the investment management company’s stock worth $6,095,000 after acquiring an additional 2,388 shares in the last quarter. Selway Asset Management boosted its position in shares of The Goldman Sachs Group by 2.6% in the 4th quarter. Selway Asset Management now owns 2,770 shares of the investment management company’s stock valued at $1,069,000 after purchasing an additional 70 shares during the period. Kessler Investment Group LLC increased its stake in The Goldman Sachs Group by 1.4% in the 4th quarter. Kessler Investment Group LLC now owns 3,081 shares of the investment management company’s stock worth $1,189,000 after purchasing an additional 44 shares in the last quarter. US Asset Management LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth about $947,000. Finally, Breed s Hill Capital LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth about $233,000. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Down 0.2 %

NYSE GS traded down $1.04 during trading on Friday, hitting $454.52. 1,822,241 shares of the company traded hands, compared to its average volume of 2,361,144. The Goldman Sachs Group, Inc. has a 12 month low of $289.36 and a 12 month high of $458.75. The business has a fifty day simple moving average of $409.14 and a 200 day simple moving average of $378.25. The company has a current ratio of 1.12, a quick ratio of 0.76 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $147.51 billion, a P/E ratio of 17.77, a PEG ratio of 1.38 and a beta of 1.40.

The Goldman Sachs Group (NYSE:GSGet Free Report) last posted its earnings results on Monday, April 15th. The investment management company reported $11.58 earnings per share for the quarter, beating the consensus estimate of $8.54 by $3.04. The company had revenue of $14.21 billion for the quarter, compared to analyst estimates of $12.94 billion. The Goldman Sachs Group had a return on equity of 8.65% and a net margin of 8.17%. The business’s revenue was up 16.1% compared to the same quarter last year. During the same period last year, the company earned $8.79 earnings per share. As a group, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 36.07 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th will be paid a $2.75 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $11.00 dividend on an annualized basis and a dividend yield of 2.42%. The Goldman Sachs Group’s payout ratio is presently 42.95%.

Analyst Ratings Changes

GS has been the subject of several recent analyst reports. JMP Securities raised their target price on The Goldman Sachs Group from $440.00 to $460.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 9th. Edward Jones initiated coverage on The Goldman Sachs Group in a research report on Tuesday, February 27th. They issued a “buy” rating for the company. Keefe, Bruyette & Woods raised their target price on The Goldman Sachs Group from $445.00 to $485.00 and gave the stock an “outperform” rating in a research report on Friday, April 5th. JPMorgan Chase & Co. raised their target price on The Goldman Sachs Group from $424.00 to $433.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 16th. Finally, Royal Bank of Canada raised their target price on The Goldman Sachs Group from $390.00 to $405.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 16th. Six investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $440.57.

Check Out Our Latest Stock Report on The Goldman Sachs Group

Insider Transactions at The Goldman Sachs Group

In other news, Treasurer Philip R. Berlinski sold 11,650 shares of The Goldman Sachs Group stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $390.64, for a total value of $4,550,956.00. Following the transaction, the treasurer now directly owns 18,408 shares in the company, valued at $7,190,901.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $432.25, for a total transaction of $2,161,250.00. Following the sale, the director now directly owns 623,425 shares of the company’s stock, valued at $269,475,456.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Treasurer Philip R. Berlinski sold 11,650 shares of The Goldman Sachs Group stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $390.64, for a total value of $4,550,956.00. Following the sale, the treasurer now directly owns 18,408 shares in the company, valued at $7,190,901.12. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 29,330 shares of company stock worth $11,713,578. Company insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Profile

(Free Report)

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.

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

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