Wintrust Investments LLC Sells 275 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Wintrust Investments LLC decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 42.3% during the 4th quarter, Holdings Channel reports. The firm owned 375 shares of the investment management company’s stock after selling 275 shares during the quarter. Wintrust Investments LLC’s holdings in The Goldman Sachs Group were worth $215,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in GS. Stephens Consulting LLC bought a new position in The Goldman Sachs Group in the 4th quarter valued at $26,000. Asset Planning Inc bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $29,000. Truvestments Capital LLC bought a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $34,000. Whipplewood Advisors LLC bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $34,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $37,000. 71.21% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Kevin R. Johnson purchased 2,400 shares of The Goldman Sachs Group stock in a transaction on Friday, January 17th. The shares were purchased at an average price of $619.02 per share, for a total transaction of $1,485,648.00. Following the transaction, the director now owns 2,400 shares of the company’s stock, valued at approximately $1,485,648. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Treasurer Carey Halio sold 1,545 shares of the company’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 sale, the treasurer now directly owns 8,192 shares in the company, valued at approximately $5,117,296.64. This represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 19,925 shares of company stock valued at $12,630,683. 0.54% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group Stock Up 0.8 %

Shares of GS opened at $535.61 on Thursday. The Goldman Sachs Group, Inc. has a 12 month low of $383.41 and a 12 month high of $672.19. The firm’s 50 day moving average is $614.56 and its 200-day moving average is $566.43. The stock has a market capitalization of $167.13 billion, a PE ratio of 13.21, a P/E/G ratio of 0.89 and a beta of 1.37. 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 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, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $12.36 billion. During the same quarter last year, the company earned $5.48 EPS. The company’s revenue was up 22.5% on a year-over-year basis. Equities research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed 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 yield of 2.24%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Analyst Upgrades and Downgrades

GS has been the topic of a number of recent research reports. Barclays raised their price objective on shares of 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. UBS Group increased 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. Hsbc Global Res cut shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Wells Fargo & Company restated an “overweight” rating on shares of The Goldman Sachs Group in a report on Friday, February 28th. Finally, Keefe, Bruyette & Woods lowered shares of The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $690.00 to $660.00 in a research report on Thursday, February 27th. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and an average target price of $591.69.

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.