The Goldman Sachs Group, Inc. (NYSE:GS) Shares Sold by Saiph Capital LLC

Saiph Capital LLC decreased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,369 shares of the investment management company’s stock after selling 19 shares during the quarter. The Goldman Sachs Group accounts for approximately 0.5% of Saiph Capital LLC’s portfolio, making the stock its 20th largest holding. Saiph Capital LLC’s holdings in The Goldman Sachs Group were worth $1,357,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stephens Consulting LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at $26,000. Asset Planning Inc acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at $29,000. Curio Wealth LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at $30,000. Truvestments Capital LLC acquired a new stake in The Goldman Sachs Group in the 3rd quarter valued at $34,000. Finally, Whipplewood Advisors LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

GS has been the topic of a number of research analyst reports. Morgan Stanley dropped their price target on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating on the stock in a research note on Thursday, March 13th. Hsbc Global Res lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Oppenheimer decreased their price objective on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Barclays raised 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. Finally, Keefe, Bruyette & Woods lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $690.00 to $660.00 in a report on Thursday, February 27th. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $594.27.

The Goldman Sachs Group Stock Up 0.1 %

NYSE GS opened at $551.86 on Wednesday. The Goldman Sachs Group, Inc. has a 52 week low of $383.71 and a 52 week high of $672.19. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32. The business’s fifty day simple moving average is $611.58 and its 200-day simple moving average is $567.82. The firm has a market cap of $172.20 billion, a PE ratio of 13.61, a P/E/G ratio of 0.89 and a beta of 1.37.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, topping the consensus estimate of $8.21 by $3.74. The business had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The company’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.48 EPS. As a group, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed 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 annualized dividend and a yield of 2.17%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 29.59%.

Insider Activity at The Goldman Sachs Group

In related news, Treasurer Carey Halio sold 1,545 shares of the business’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 sale, the treasurer now directly owns 8,192 shares in the company, valued at approximately $5,117,296.64. The trade was a 15.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kevin R. Johnson bought 2,400 shares of the company’s stock in a transaction on Friday, January 17th. The stock was purchased at an average cost of $619.02 per share, with a total value of $1,485,648.00. Following the completion of the transaction, the director now owns 2,400 shares in the company, valued at $1,485,648. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 19,925 shares of company stock worth $12,630,683. Company insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Company 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.