Eukles Asset Management Buys 57 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Eukles Asset Management raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 3.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,905 shares of the investment management company’s stock after purchasing an additional 57 shares during the quarter. Eukles Asset Management’s holdings in The Goldman Sachs Group were worth $1,091,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in GS. Ritholtz Wealth Management increased its holdings in shares of The Goldman Sachs Group by 11.6% during the 3rd quarter. Ritholtz Wealth Management now owns 7,272 shares of the investment management company’s stock worth $3,600,000 after purchasing an additional 756 shares during the period. Carnegie Investment Counsel boosted its position in shares of The Goldman Sachs Group by 1.8% during the 3rd quarter. Carnegie Investment Counsel now owns 5,825 shares of the investment management company’s stock valued at $2,884,000 after acquiring an additional 103 shares in the last quarter. Exchange Traded Concepts LLC boosted its position in shares of The Goldman Sachs Group by 46.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 2,618 shares of the investment management company’s stock valued at $1,296,000 after acquiring an additional 835 shares in the last quarter. CHICAGO TRUST Co NA boosted its position in shares of The Goldman Sachs Group by 70.1% during the 3rd quarter. CHICAGO TRUST Co NA now owns 920 shares of the investment management company’s stock valued at $456,000 after acquiring an additional 379 shares in the last quarter. Finally, Factory Mutual Insurance Co. acquired a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $23,369,000. Institutional investors own 71.21% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. UBS Group boosted their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a “neutral” rating in a research report on Tuesday, January 21st. Hsbc Global Res lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. JPMorgan Chase & Co. boosted their price target on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Wells Fargo & Company boosted their price target on shares of 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, Morgan Stanley boosted 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 report on Thursday, January 16th. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $591.06.

Insider Buying and Selling

In related news, insider Alex S. Golten sold 5,208 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the transaction, the insider now owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. This trade represents a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Treasurer Carey Halio sold 1,545 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total transaction of $965,115.15. Following the completion of the transaction, the treasurer now directly owns 8,192 shares of the company’s stock, valued at approximately $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 a total of 31,475 shares of company stock worth $19,692,543 over the last ninety days. Company insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Trading Down 0.4 %

GS opened at $655.76 on Monday. The firm’s fifty day moving average is $600.00 and its two-hundred day moving average is $546.84. 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 firm has a market cap of $203.58 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 0.91 and a beta of 1.39. The Goldman Sachs Group, Inc. has a twelve month low of $375.20 and a twelve month high of $663.87.

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

The Goldman Sachs Group Announces Dividend

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 dividend of $3.00 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.83%. The Goldman Sachs Group’s payout ratio is 29.59%.

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.