The Goldman Sachs Group, Inc. (NYSE:GS) Shares Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. raised its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 12.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,160 shares of the investment management company’s stock after purchasing an additional 127 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in The Goldman Sachs Group were worth $664,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Savant Capital LLC increased its stake in shares of The Goldman Sachs Group by 4.1% in the fourth quarter. Savant Capital LLC now owns 7,513 shares of the investment management company’s stock valued at $4,302,000 after purchasing an additional 295 shares during the period. Wagner Wealth Management LLC increased its stake in shares of The Goldman Sachs Group by 32.9% during the fourth quarter. Wagner Wealth Management LLC now owns 1,138 shares of the investment management company’s stock valued at $652,000 after acquiring an additional 282 shares during the period. Angeles Wealth Management LLC increased its stake in shares of The Goldman Sachs Group by 30.4% during the fourth quarter. Angeles Wealth Management LLC now owns 665 shares of the investment management company’s stock valued at $381,000 after acquiring an additional 155 shares during the period. Activest Wealth Management increased its stake in shares of The Goldman Sachs Group by 12.7% during the fourth quarter. Activest Wealth Management now owns 222 shares of the investment management company’s stock valued at $127,000 after acquiring an additional 25 shares during the period. Finally, Focused Wealth Management Inc increased its stake in shares of The Goldman Sachs Group by 0.5% during the fourth quarter. Focused Wealth Management Inc now owns 4,798 shares of the investment management company’s stock valued at $2,748,000 after acquiring an additional 26 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. UBS Group raised their price objective on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a “neutral” rating in a research note on Tuesday, January 21st. Evercore ISI raised their price objective on shares of The Goldman Sachs Group from $520.00 to $575.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Oppenheimer lowered their price objective on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Keefe, Bruyette & Woods lifted their price target on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the stock an “outperform” rating in a research report on Thursday, January 16th. Finally, Wells Fargo & Company lifted their price target on shares of The Goldman Sachs Group from $600.00 to $680.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Moderate Buy” and a consensus price target of $591.06.

The Goldman Sachs Group Trading Down 0.9 %

NYSE GS opened at $650.24 on Tuesday. The Goldman Sachs Group, Inc. has a twelve month low of $375.20 and a twelve month high of $663.87. 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 stock has a market cap of $201.87 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 0.91 and a beta of 1.39. The firm’s 50 day moving average price is $600.00 and its two-hundred day moving average price is $547.26.

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, beating 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 business had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. During the same period in the previous year, the company posted $5.48 EPS. The Goldman Sachs Group’s revenue was up 22.5% on a year-over-year basis. Equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The firm 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. This represents a $12.00 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio is presently 29.59%.

Insider Buying and Selling

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 1,545 shares of the business’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 owns 8,192 shares of the company’s stock, valued at $5,117,296.64. The trade was a 15.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alex S. Golten sold 5,208 shares of the business’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the transaction, the insider now directly owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 31,475 shares of company stock worth $19,692,543. Corporate insiders own 0.54% of the company’s stock.

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.