The Goldman Sachs Group, Inc. (NYSE:GS) Position Raised by Leuthold Group LLC

Leuthold Group LLC lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 10.9% in the 4th quarter, Holdings Channel reports. The fund owned 18,710 shares of the investment management company’s stock after buying an additional 1,839 shares during the period. The Goldman Sachs Group comprises 1.3% of Leuthold Group LLC’s investment portfolio, making the stock its 13th biggest holding. Leuthold Group LLC’s holdings in The Goldman Sachs Group were worth $10,714,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Swedbank AB boosted its position in The Goldman Sachs Group by 4.2% during the 3rd quarter. Swedbank AB now owns 339,047 shares of the investment management company’s stock worth $167,866,000 after acquiring an additional 13,730 shares during the period. Foundations Investment Advisors LLC increased its holdings in shares of The Goldman Sachs Group by 2.2% during the third quarter. Foundations Investment Advisors LLC now owns 1,804 shares of the investment management company’s stock valued at $893,000 after purchasing an additional 38 shares during the period. McAdam LLC bought a new stake in shares of The Goldman Sachs Group during the third quarter valued at about $210,000. Romano Brothers AND Company lifted its holdings in The Goldman Sachs Group by 7.7% in the third quarter. Romano Brothers AND Company now owns 1,050 shares of the investment management company’s stock worth $520,000 after purchasing an additional 75 shares during the period. Finally, Global Trust Asset Management LLC grew its position in The Goldman Sachs Group by 5.1% in the 3rd quarter. Global Trust Asset Management LLC now owns 3,173 shares of the investment management company’s stock valued at $1,571,000 after buying an additional 154 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on GS. Morgan Stanley boosted their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. UBS Group boosted their target price on The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a report on Tuesday, January 21st. Oppenheimer decreased their price target on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, Keefe, Bruyette & Woods raised their target price on The Goldman Sachs Group from $686.00 to $690.00 and gave the company an “outperform” rating in a research note on Thursday, January 16th. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $593.56.

Insider Buying and Selling at The Goldman Sachs Group

In related news, Director David A. Viniar sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $612.08, for a total transaction of $3,060,400.00. Following the completion of the sale, the director now directly owns 608,425 shares in the company, valued at approximately $372,404,774. This trade represents a 0.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO David M. Solomon sold 6,550 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were 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 $72,015,903.53. The trade was a 5.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 31,475 shares of company stock valued at $19,692,543 in the last three months. 0.54% of the stock is currently owned by company insiders.

The Goldman Sachs Group Trading Down 2.6 %

Shares of GS opened at $625.70 on Friday. The business’s 50-day moving average price is $611.58 and its 200 day moving average price is $557.71. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The stock has a market capitalization of $195.24 billion, a P/E ratio of 15.43, a P/E/G ratio of 0.93 and a beta of 1.39. The Goldman Sachs Group, Inc. has a 1-year low of $381.42 and a 1-year high of $672.19.

The Goldman Sachs Group (NYSE:GS) last announced its 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 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 during the quarter, compared to analysts’ expectations of $12.36 billion. During the same period last year, the company posted $5.48 earnings per share. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. Analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a yield of 1.92%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s payout ratio is 29.59%.

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.