Sfmg LLC Boosts Stake in Goldman Sachs Group, Inc. (The) (GS)

Sfmg LLC boosted its position in Goldman Sachs Group, Inc. (The) (NYSE:GS) by 0.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,158 shares of the investment management company’s stock after buying an additional 1 shares during the period. Sfmg LLC’s holdings in Goldman Sachs Group, Inc. (The) were worth $266,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Douglass Winthrop Advisors LLC boosted its position in shares of Goldman Sachs Group, Inc. (The) by 0.3% in the third quarter. Douglass Winthrop Advisors LLC now owns 8,001 shares of the investment management company’s stock worth $1,290,000 after buying an additional 26 shares during the last quarter. Key Square Capital Management LLC purchased a new stake in Goldman Sachs Group, Inc. (The) during the fourth quarter valued at about $63,286,000. Johnson Financial Group Inc. raised its stake in Goldman Sachs Group, Inc. (The) by 5.3% in the fourth quarter. Johnson Financial Group Inc. now owns 753 shares of the investment management company’s stock valued at $180,000 after buying an additional 38 shares during the period. NN Investment Partners Holdings N.V. raised its stake in Goldman Sachs Group, Inc. (The) by 5.2% in the fourth quarter. NN Investment Partners Holdings N.V. now owns 14,963 shares of the investment management company’s stock valued at $3,583,000 after buying an additional 733 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in Goldman Sachs Group, Inc. (The) by 37.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,009,250 shares of the investment management company’s stock valued at $241,665,000 after buying an additional 274,810 shares during the period. 75.11% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

Shares of Goldman Sachs Group, Inc. (NYSE:GS) traded up 1.95% during midday trading on Monday, hitting $226.13. 2,900,861 shares of the company were exchanged. The company has a 50-day moving average price of $221.04 and a 200-day moving average price of $233.11. The stock has a market capitalization of $92.55 billion, a price-to-earnings ratio of 12.03 and a beta of 1.39. Goldman Sachs Group, Inc. has a 52-week low of $138.20 and a 52-week high of $255.15.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last announced its earnings results on Tuesday, April 18th. The investment management company reported $5.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $5.31 by $0.16. Goldman Sachs Group, Inc. (The) had a net margin of 26.38% and a return on equity of 11.26%. The firm had revenue of $8.03 billion for the quarter, compared to the consensus estimate of $8.33 billion. During the same period in the prior year, the business earned $2.68 EPS. The company’s quarterly revenue was up 26.6% compared to the same quarter last year. On average, analysts forecast that Goldman Sachs Group, Inc. will post $18.94 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 29th. Investors of record on Thursday, June 1st will be paid a $0.75 dividend. This is an increase from Goldman Sachs Group, Inc. (The)’s previous quarterly dividend of $0.65. This represents a $3.00 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Tuesday, May 30th. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is currently 15.93%.

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GS has been the subject of a number of research analyst reports. Compass Point initiated coverage on shares of Goldman Sachs Group, Inc. (The) in a report on Wednesday, February 22nd. They set a “neutral” rating and a $250.00 price objective for the company. Berenberg Bank lowered shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating and lifted their price objective for the company from $140.00 to $190.00 in a report on Friday, February 24th. They noted that the move was a valuation call. J P Morgan Chase & Co restated a “buy” rating on shares of Goldman Sachs Group, Inc. (The) in a report on Tuesday, March 14th. Vetr upgraded shares of Goldman Sachs Group, Inc. (The) from a “strong sell” rating to a “sell” rating and set a $236.72 price target for the company in a report on Monday, February 27th. Finally, Zacks Investment Research lowered shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, March 22nd. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $236.73.

Goldman Sachs Group, Inc. (The) Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

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