1,803 Shares in Goldman Sachs Group Inc (GS) Purchased by Maven Securities LTD

Maven Securities LTD purchased a new position in shares of Goldman Sachs Group Inc (NYSE:GS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,803 shares of the investment management company’s stock, valued at approximately $298,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bradley Foster & Sargent Inc. CT boosted its position in Goldman Sachs Group by 2.7% during the fourth quarter. Bradley Foster & Sargent Inc. CT now owns 1,881 shares of the investment management company’s stock valued at $314,000 after buying an additional 50 shares during the period. Tdam USA Inc. grew its holdings in shares of Goldman Sachs Group by 2.1% during the fourth quarter. Tdam USA Inc. now owns 2,611 shares of the investment management company’s stock valued at $436,000 after buying an additional 54 shares during the last quarter. Keybank National Association OH grew its holdings in shares of Goldman Sachs Group by 1.1% during the fourth quarter. Keybank National Association OH now owns 5,571 shares of the investment management company’s stock valued at $931,000 after buying an additional 58 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Goldman Sachs Group by 5.2% during the fourth quarter. Parallel Advisors LLC now owns 1,171 shares of the investment management company’s stock valued at $195,000 after buying an additional 58 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. grew its holdings in shares of Goldman Sachs Group by 9.7% during the fourth quarter. Sterling Investment Advisors Ltd. now owns 666 shares of the investment management company’s stock valued at $111,000 after buying an additional 59 shares during the last quarter. 68.39% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Dane E. Holmes sold 1,489 shares of the business’s stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $198.31, for a total value of $295,283.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Gregory K. Palm sold 16,451 shares of the business’s stock in a transaction dated Thursday, December 27th. The shares were sold at an average price of $158.41, for a total transaction of $2,606,002.91. The disclosure for this sale can be found here. 1.71% of the stock is owned by insiders.

Shares of GS stock traded up $0.12 during trading hours on Thursday, reaching $197.37. 13,079 shares of the stock were exchanged, compared to its average volume of 2,522,610. Goldman Sachs Group Inc has a 12-month low of $151.70 and a 12-month high of $270.78. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 2.84. The stock has a market cap of $72.85 billion, a PE ratio of 7.82, a P/E/G ratio of 1.24 and a beta of 1.23.

Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Wednesday, January 16th. The investment management company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.15 by $0.89. The company had revenue of $8.08 billion during the quarter, compared to analysts’ expectations of $7.48 billion. Goldman Sachs Group had a net margin of 28.92% and a return on equity of 13.84%. The firm’s quarterly revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company earned $5.68 EPS. Sell-side analysts forecast that Goldman Sachs Group Inc will post 23.62 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 28th will be given a $0.80 dividend. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a $3.20 annualized dividend and a yield of 1.62%. Goldman Sachs Group’s dividend payout ratio (DPR) is 12.66%.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Goldman Sachs Group from a “buy” rating to a “hold” rating in a report on Wednesday, November 14th. ValuEngine downgraded shares of Goldman Sachs Group from a “sell” rating to a “strong sell” rating in a report on Thursday, November 15th. Morgan Stanley downgraded shares of Goldman Sachs Group from an “overweight” rating to an “equal weight” rating and set a $226.00 target price on the stock. in a report on Wednesday, November 21st. Bank of America downgraded shares of Goldman Sachs Group from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $280.00 to $225.00 in a report on Friday, November 30th. Finally, Credit Suisse Group reduced their target price on shares of Goldman Sachs Group from $280.00 to $258.00 and set an “outperform” rating on the stock in a report on Friday, December 7th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. Goldman Sachs Group has a consensus rating of “Hold” and a consensus price target of $255.54.

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About Goldman Sachs Group

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

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

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