Caprock Group LLC Has $16.74 Million Stake in The Goldman Sachs Group, Inc. (NYSE:GS)

Caprock Group LLC grew its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 4.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 29,237 shares of the investment management company’s stock after purchasing an additional 1,373 shares during the period. The Goldman Sachs Group accounts for about 0.5% of Caprock Group LLC’s portfolio, making the stock its 27th largest holding. Caprock Group LLC’s holdings in The Goldman Sachs Group were worth $16,742,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. West Branch Capital LLC acquired a new stake in The Goldman Sachs Group during the third quarter worth approximately $30,000. DT Investment Partners LLC lifted its stake 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 worth $31,000 after purchasing an additional 33 shares during the last quarter. Truvestments Capital LLC bought a new stake in The Goldman Sachs Group during the third quarter worth $34,000. Country Trust Bank bought a new stake in The Goldman Sachs Group during the third quarter worth $37,000. Finally, Capital Performance Advisors LLP bought a new stake in The Goldman Sachs Group during the third quarter worth $38,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $646.95 on Friday. 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 stock has a 50-day moving average of $595.32 and a 200-day moving average of $540.14. The company has a market cap of $200.85 billion, a PE ratio of 15.95, a P/E/G ratio of 0.89 and a beta of 1.38. The Goldman Sachs Group, Inc. has a one year low of $375.20 and a one year high of $649.52.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, beating the consensus estimate of $8.21 by $3.74. The company had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The firm’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the business posted $5.48 EPS. On average, equities research analysts predict that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders 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 dividend on an annualized basis and a yield of 1.85%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 29.59%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. UBS Group upped their target price on The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 21st. Citigroup increased their price target on The Goldman Sachs Group from $485.00 to $585.00 and gave the company a “neutral” rating in a research note on Thursday, November 21st. Barclays increased their price target on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Morgan Stanley raised their target price on The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Finally, JMP Securities raised their target price on The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $591.06.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $636.74, for a total transaction of $2,317,733.60. Following the transaction, the treasurer now owns 4,552 shares of the company’s stock, valued at $2,898,440.48. This trade represents a 44.43 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Alex S. Golten sold 5,208 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the transaction, the insider now directly owns 3,545 shares in the company, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 40,865 shares of company stock worth $25,286,862. Insiders own 0.54% of the company’s stock.

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.