Rothschild Investment LLC Sells 167 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Rothschild Investment LLC cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,639 shares of the investment management company’s stock after selling 167 shares during the period. Rothschild Investment LLC’s holdings in The Goldman Sachs Group were worth $1,511,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of GS. Crestwood Advisors Group LLC grew its position in The Goldman Sachs Group by 1.6% during the fourth quarter. Crestwood Advisors Group LLC now owns 13,517 shares of the investment management company’s stock worth $7,740,000 after buying an additional 216 shares in the last quarter. Wharton Business Group LLC lifted its position in shares of The Goldman Sachs Group by 0.5% in the 4th quarter. Wharton Business Group LLC now owns 68,773 shares of the investment management company’s stock worth $39,381,000 after acquiring an additional 361 shares during the period. IFP Advisors Inc grew its holdings in shares of The Goldman Sachs Group by 41.7% during the 4th quarter. IFP Advisors Inc now owns 4,335 shares of the investment management company’s stock worth $2,483,000 after purchasing an additional 1,275 shares in the last quarter. Mainstay Capital Management LLC ADV increased its position in shares of The Goldman Sachs Group by 1.9% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 3,365 shares of the investment management company’s stock valued at $1,927,000 after purchasing an additional 62 shares during the period. Finally, Colonial River Investments LLC raised its stake in shares of The Goldman Sachs Group by 6.1% in the fourth quarter. Colonial River Investments LLC now owns 1,159 shares of the investment management company’s stock valued at $664,000 after purchasing an additional 67 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Up 0.1 %

Shares of NYSE:GS opened at $626.24 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32. The firm has a market cap of $195.41 billion, a P/E ratio of 15.44, a P/E/G ratio of 0.89 and a beta of 1.39. The Goldman Sachs Group, Inc. has a 12 month low of $381.42 and a 12 month high of $672.19. The company’s 50-day moving average price is $612.38 and its two-hundred day moving average price is $559.91.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The Goldman Sachs Group’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the business earned $5.48 earnings per share. As a group, research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $3.00 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 annualized dividend and a dividend yield of 1.92%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 29.59%.

Insider Transactions at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 5,208 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the completion of the sale, the insider now directly owns 3,545 shares of the company’s stock, valued at $2,255,506.25. The trade was a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Kathryn H. Ruemmler sold 7,498 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the completion of the transaction, the insider now owns 9,589 shares in the company, valued at $6,086,042.41. This represents a 43.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,475 shares of company stock worth $19,692,543 over the last 90 days. 0.57% of the stock is owned by insiders.

Analysts Set New Price Targets

GS has been the topic of several analyst reports. UBS Group boosted their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a “neutral” rating in a report on Tuesday, January 21st. Morgan Stanley increased their price target on shares of 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. Oppenheimer decreased their price objective on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Citigroup increased their target price on The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. boosted their price target on The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, The Goldman Sachs Group has an average rating of “Moderate Buy” and a consensus price target of $593.56.

About The Goldman Sachs Group

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.