Blueprint Investment Partners LLC Purchases 301 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Blueprint Investment Partners LLC grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 34.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,165 shares of the investment management company’s stock after purchasing an additional 301 shares during the quarter. Blueprint Investment Partners LLC’s holdings in The Goldman Sachs Group were worth $667,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Stephens Consulting LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth $26,000. Asset Planning Inc bought a new position in shares of The Goldman Sachs Group in the 4th quarter worth $29,000. Curio Wealth LLC acquired a new stake in shares of The Goldman Sachs Group during the fourth quarter worth $30,000. Whipplewood Advisors LLC bought a new stake in The Goldman Sachs Group in the fourth quarter valued at about $34,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at about $37,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Oppenheimer lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday. UBS Group boosted their price objective 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 lowered their target price on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Wells Fargo & Company reissued an “overweight” rating on shares of The Goldman Sachs Group in a research report on Friday, February 28th. Finally, Keefe, Bruyette & Woods cut shares of The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $690.00 to $660.00 in a research report on Thursday, February 27th. Ten equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $594.27.

The Goldman Sachs Group Trading Up 0.4 %

NYSE GS opened at $565.00 on Friday. The Goldman Sachs Group, Inc. has a 52 week low of $387.12 and a 52 week high of $672.19. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67. The stock’s 50 day moving average price is $610.89 and its two-hundred day moving average price is $568.65. The stock has a market capitalization of $176.30 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 0.89 and a beta of 1.37.

The Goldman Sachs Group (NYSE:GS) last announced 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 net margin of 11.32% and a return on equity of 13.30%. The business had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. During the same quarter in the previous year, the firm posted $5.48 earnings per share. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. As a group, analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is 29.59%.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 2,034 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total value of $1,275,338.34. Following the transaction, the chief accounting officer now directly owns 6,455 shares in the company, valued at $4,047,349.55. The trade was a 23.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alex S. Golten sold 5,208 shares of the firm’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 sale, the insider now owns 3,545 shares of the company’s stock, 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. Over the last quarter, insiders have sold 19,925 shares of company stock valued at $12,630,683. 0.54% of the stock is owned by insiders.

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.