Householder Group Estate & Retirement Specialist LLC Sells 55 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Householder Group Estate & Retirement Specialist LLC lowered its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 13.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 353 shares of the investment management company’s stock after selling 55 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in The Goldman Sachs Group were worth $202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Semmax Financial Advisors Inc. bought a new position in The Goldman Sachs Group during the second quarter valued at approximately $26,000. Quest Partners LLC increased its stake in The Goldman Sachs Group by 6,300.0% in the 2nd quarter. Quest Partners LLC now owns 64 shares of the investment management company’s stock worth $29,000 after acquiring an additional 63 shares during the last quarter. West Branch Capital LLC purchased a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $30,000. DT Investment Partners LLC boosted its position in shares of The Goldman Sachs Group by 110.0% during the 3rd quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock valued at $31,000 after acquiring an additional 33 shares during the last quarter. Finally, Truvestments Capital LLC purchased a new position in shares of The Goldman Sachs Group in the third quarter valued at $34,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 2.3 %

NYSE:GS opened at $626.84 on Friday. The stock has a fifty day simple moving average of $586.47 and a 200-day simple moving average of $528.71. 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 has a market cap of $196.77 billion, a price-to-earnings ratio of 18.39, a price-to-earnings-growth ratio of 0.66 and a beta of 1.38. The Goldman Sachs Group, Inc. has a twelve month low of $372.07 and a twelve month high of $627.00.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a net margin of 9.89% and a return on equity of 11.39%. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the business posted $5.48 EPS. Analysts anticipate that The Goldman Sachs Group, Inc. will post 37.24 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be issued a $3.00 dividend. The ex-dividend date is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.91%. The Goldman Sachs Group’s payout ratio is 29.59%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GS. Morgan Stanley upped their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a research note on Thursday. Citigroup upped their target price on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the company a “neutral” rating in a research report on Thursday, November 21st. JPMorgan Chase & Co. lifted their price target on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a research report on Thursday. Wells Fargo & Company upped their price objective on The Goldman Sachs Group from $600.00 to $680.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Finally, Oppenheimer dropped their target price on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating for the company in a report on Friday, January 3rd. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $589.19.

Insider Buying and Selling

In other news, EVP John F.W. Rogers sold 6,416 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $596.36, for a total value of $3,826,245.76. Following the completion of the sale, the executive vice president now owns 57,614 shares in the company, valued at approximately $34,358,685.04. The trade was a 10.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Sheara J. Fredman sold 2,974 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $594.51, for a total transaction of $1,768,072.74. Following the transaction, the chief accounting officer now owns 8,489 shares in the company, valued at approximately $5,046,795.39. This represents a 25.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 20,940 shares of company stock valued at $12,656,179 over the last quarter. 0.54% of the stock is owned by corporate 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.