180 Wealth Advisors LLC Purchases 696 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

180 Wealth Advisors LLC increased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 30.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,015 shares of the investment management company’s stock after acquiring an additional 696 shares during the quarter. 180 Wealth Advisors LLC’s holdings in The Goldman Sachs Group were worth $1,726,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Waddell & Associates LLC boosted its holdings in The Goldman Sachs Group by 2.1% in the 3rd quarter. Waddell & Associates LLC now owns 896 shares of the investment management company’s stock valued at $444,000 after purchasing an additional 18 shares during the period. Wescott Financial Advisory Group LLC raised its position in shares of The Goldman Sachs Group by 0.7% during the third quarter. Wescott Financial Advisory Group LLC now owns 2,719 shares of the investment management company’s stock valued at $1,346,000 after buying an additional 18 shares during the last quarter. Bank of New Hampshire lifted its stake in shares of The Goldman Sachs Group by 8.0% in the fourth quarter. Bank of New Hampshire now owns 243 shares of the investment management company’s stock valued at $139,000 after buying an additional 18 shares during the period. First Pacific Financial grew its position in The Goldman Sachs Group by 0.6% during the third quarter. First Pacific Financial now owns 3,167 shares of the investment management company’s stock worth $1,568,000 after buying an additional 20 shares in the last quarter. Finally, Krane Funds Advisors LLC raised its holdings in The Goldman Sachs Group by 1.7% in the 3rd quarter. Krane Funds Advisors LLC now owns 1,177 shares of the investment management company’s stock valued at $583,000 after acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Buying and Selling

In related news, Director David A. Viniar sold 5,000 shares of the business’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $612.08, for a total value of $3,060,400.00. Following the completion of the sale, the director now directly owns 608,425 shares in the company, valued at $372,404,774. The trade was a 0.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO David M. Solomon sold 6,550 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $610.91, for a total transaction of $4,001,460.50. Following the transaction, the chief executive officer now directly owns 117,883 shares in the company, valued at approximately $72,015,903.53. This represents a 5.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,940 shares of company stock valued at $13,717,979. 0.54% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on GS shares. JPMorgan Chase & Co. increased their price target on shares of The Goldman Sachs Group from $520.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Hsbc Global Res lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. HSBC downgraded shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating and lifted their price target for the company from $569.00 to $608.00 in a report on Tuesday, November 26th. UBS Group reissued a “neutral” rating and issued a $610.00 target price on shares of The Goldman Sachs Group in a report on Monday, January 6th. Finally, JMP Securities boosted their price objective on The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a “market outperform” rating in a research note on Wednesday, October 9th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $569.31.

The Goldman Sachs Group Trading Up 0.7 %

Shares of NYSE:GS opened at $563.75 on Tuesday. The Goldman Sachs Group, Inc. has a one year low of $372.07 and a one year high of $612.73. The stock has a market capitalization of $176.97 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.85 and a beta of 1.38. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67. The company’s 50-day moving average price is $584.79 and its two-hundred day moving average price is $526.74.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings results on Tuesday, October 15th. The investment management company reported $8.40 EPS for the quarter, beating analysts’ consensus estimates of $6.89 by $1.51. The firm had revenue of $12.70 billion during the quarter, compared to analysts’ expectations of $11.77 billion. The Goldman Sachs Group had a net margin of 9.89% and a return on equity of 11.39%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company posted $5.47 earnings per share. On average, equities analysts forecast that The Goldman Sachs Group, Inc. will post 37.06 EPS for the current fiscal year.

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.