Advisor OS LLC Makes New $257,000 Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Advisor OS LLC acquired a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 449 shares of the investment management company’s stock, valued at approximately $257,000.

Other hedge funds have also recently made changes to their positions in the company. Stephens Consulting LLC bought a new position in The Goldman Sachs Group in the 4th quarter worth approximately $26,000. Asset Planning Inc purchased a new position in shares of The Goldman Sachs Group in the fourth quarter worth $29,000. Truvestments Capital LLC bought a new position in shares of The Goldman Sachs Group during the third quarter worth $34,000. Capital Performance Advisors LLP purchased a new position in The Goldman Sachs Group during the third quarter valued at $38,000. Finally, JDM Financial Group LLC bought a new stake in The Goldman Sachs Group in the 3rd quarter valued at $42,000. Institutional investors own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on GS. Hsbc Global Res downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. HSBC cut The Goldman Sachs Group from a “buy” rating to a “hold” rating and raised their price target for the company from $569.00 to $608.00 in a report on Tuesday, November 26th. JPMorgan Chase & Co. upped their price objective on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Oppenheimer dropped their price objective on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. Finally, Wells Fargo & Company increased their price target on The Goldman Sachs Group from $680.00 to $720.00 and gave the company an “overweight” rating in a report on Wednesday, February 19th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $591.69.

The Goldman Sachs Group Stock Down 1.6 %

GS stock opened at $607.99 on Friday. The Goldman Sachs Group, Inc. has a twelve month low of $381.42 and a twelve month high of $672.19. The stock has a market cap of $189.72 billion, a P/E ratio of 14.99, a PEG ratio of 0.89 and a beta of 1.39. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The company’s 50 day moving average is $615.62 and its two-hundred day moving average is $561.52.

The Goldman Sachs Group (NYSE:GS) last posted 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 return on equity of 13.30% and a net margin of 11.32%. The firm had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. During the same period in the prior year, the business earned $5.48 EPS. The firm’s revenue was up 22.5% compared to the same quarter last year. Research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 1,545 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total transaction of $965,115.15. Following 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Alex S. Golten sold 5,208 shares of the company’s stock in a transaction dated 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 owns 3,545 shares of the company’s stock, valued at $2,255,506.25. This represents a 59.50 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,925 shares of company stock valued at $12,630,683 over the last quarter. Corporate insiders own 0.57% of the company’s stock.

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.