WoodTrust Financial Corp decreased its position in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,473 shares of the investment management company’s stock after selling 133 shares during the quarter. The Goldman Sachs Group comprises approximately 1.3% of WoodTrust Financial Corp’s investment portfolio, making the stock its 24th biggest position. WoodTrust Financial Corp’s holdings in The Goldman Sachs Group were worth $9,432,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in GS. Stephens Consulting LLC bought a new position in The Goldman Sachs Group during the fourth quarter worth about $26,000. Asset Planning Inc acquired a new position in shares of The Goldman Sachs Group during the 4th quarter worth approximately $29,000. Truvestments Capital LLC bought a new position in shares of The Goldman Sachs Group during the third quarter worth approximately $34,000. Whipplewood Advisors LLC acquired a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $34,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at approximately $37,000. Institutional investors own 71.21% of the company’s stock.
The Goldman Sachs Group Stock Down 4.2 %
Shares of GS opened at $579.88 on Wednesday. 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 Goldman Sachs Group, Inc. has a 52 week low of $381.42 and a 52 week high of $672.19. The stock has a market capitalization of $180.95 billion, a price-to-earnings ratio of 14.30, a PEG ratio of 0.89 and a beta of 1.39. The stock has a fifty day moving average of $617.36 and a 200-day moving average of $564.69.
The Goldman Sachs Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given a dividend of $3.00 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 annualized dividend and a yield of 2.07%. The Goldman Sachs Group’s dividend payout ratio is presently 29.59%.
Insiders Place Their Bets
In other The Goldman Sachs Group news, insider Alex S. Golten sold 5,208 shares of The Goldman Sachs Group 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 directly owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. The trade was a 59.50 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Treasurer Carey Halio sold 1,545 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total value of $965,115.15. Following the completion of the sale, the treasurer now owns 8,192 shares in the company, valued at $5,117,296.64. This trade represents a 15.87 % 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 in the last ninety days. 0.54% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several equities analysts have weighed in on GS shares. Barclays lifted their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Morgan Stanley boosted their price target on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Hsbc Global Res downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. HSBC cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating and boosted their target price for the company from $569.00 to $608.00 in a research report on Tuesday, November 26th. Finally, UBS Group increased their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.
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