Realta Investment Advisors Has $672,000 Stake in The Goldman Sachs Group, Inc. (NYSE:GS)

Realta Investment Advisors boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 790.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,158 shares of the investment management company’s stock after buying an additional 1,028 shares during the period. Realta Investment Advisors’ holdings in The Goldman Sachs Group were worth $672,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $181,000. Tobam increased its holdings in The Goldman Sachs Group by 28.5% in the fourth quarter. Tobam now owns 699 shares of the investment management company’s stock valued at $400,000 after purchasing an additional 155 shares during the last quarter. Keystone Financial Group Inc. acquired a new position in The Goldman Sachs Group in the fourth quarter valued at about $63,000. Strategic Financial Concepts LLC bought a new position in The Goldman Sachs Group during the fourth quarter worth about $22,357,000. Finally, Ledyard National Bank grew its position in shares of The Goldman Sachs Group by 3.4% during the 4th quarter. Ledyard National Bank now owns 486 shares of the investment management company’s stock worth $278,000 after buying an additional 16 shares during the period. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $657.47 on Friday. The Goldman Sachs Group, Inc. has a one year low of $375.20 and a one year high of $658.85. The stock has a market cap of $204.11 billion, a P/E ratio of 16.21, a P/E/G ratio of 0.89 and a beta of 1.39. The company has a fifty day moving average price of $599.07 and a two-hundred day moving average price of $545.29. 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) last released its quarterly earnings data 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 Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The firm had revenue of $13.87 billion for the quarter, compared to the consensus estimate of $12.36 billion. During the same period in the previous year, the company earned $5.48 earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 47.1 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 1.83%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 29.59%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on GS shares. UBS Group lifted their price objective on shares of 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. Wells Fargo & Company raised 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 report on Friday, November 15th. JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Bank of America raised their price objective on shares of The Goldman Sachs Group from $563.00 to $575.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. Finally, Evercore ISI upped their target price on shares of The Goldman Sachs Group from $520.00 to $575.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $591.06.

Insider Transactions at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 1,545 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total transaction of $965,115.15. Following the completion of the transaction, the treasurer now owns 8,192 shares of the company’s stock, valued at approximately $5,117,296.64. This trade represents a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alex S. Golten sold 5,208 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the sale, the insider now owns 3,545 shares in the company, valued at $2,255,506.25. This trade represents a 59.50 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 31,475 shares of company stock valued at $19,692,543. 0.57% of the stock is owned by corporate insiders.

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.