Oxford Financial Group LTD. LLC Makes New $369,000 Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Oxford Financial Group LTD. LLC bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 645 shares of the investment management company’s stock, valued at approximately $369,000.

Several other hedge funds also recently made changes to their positions in the business. Adams Diversified Equity Fund Inc. bought a new position in The Goldman Sachs Group during the 4th quarter worth $20,156,000. TD Private Client Wealth LLC grew its holdings in shares of The Goldman Sachs Group by 31.0% during the 4th quarter. TD Private Client Wealth LLC now owns 6,507 shares of the investment management company’s stock worth $3,726,000 after purchasing an additional 1,541 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of The Goldman Sachs Group by 25.0% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 43,978 shares of the investment management company’s stock worth $25,182,000 after purchasing an additional 8,791 shares during the period. Whittier Trust Co. increased its position in shares of The Goldman Sachs Group by 26.7% in the fourth quarter. Whittier Trust Co. now owns 91,306 shares of the investment management company’s stock worth $52,282,000 after purchasing an additional 19,219 shares during the period. Finally, Blueshift Asset Management LLC bought a new stake in The Goldman Sachs Group during the fourth quarter worth about $231,000. 71.21% of the stock is owned by institutional investors.

Insider Activity at The Goldman Sachs Group

In other news, Director Kevin R. Johnson acquired 2,400 shares of the firm’s stock in a transaction dated Friday, January 17th. The stock was bought at an average cost of $619.02 per share, for a total transaction of $1,485,648.00. Following the completion of the transaction, the director now directly owns 2,400 shares in the company, valued at $1,485,648. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, 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 in the company, valued at approximately $5,117,296.64. The trade was a 15.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,925 shares of company stock worth $12,630,683 over the last ninety days. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GS shares. HSBC cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating and boosted their target price for the company from $569.00 to $608.00 in a research report on Tuesday, November 26th. Wells Fargo & Company restated an “overweight” rating on shares of The Goldman Sachs Group in a research note on Friday, February 28th. Morgan Stanley reduced their target price on The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating on the stock in a report on Thursday, March 13th. Barclays boosted their price target on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Finally, Oppenheimer lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Ten investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $594.27.

The Goldman Sachs Group Stock Up 0.4 %

Shares of NYSE GS opened at $565.00 on Friday. The Goldman Sachs Group, Inc. has a 1 year low of $387.12 and a 1 year high of $672.19. 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 firm has a market cap of $176.30 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 0.89 and a beta of 1.37. The company has a 50 day simple moving average of $610.89 and a 200 day simple moving average of $568.09.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data 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 company had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The Goldman Sachs Group’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.48 earnings per share. On average, research analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be paid a $3.00 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 annualized dividend and a dividend yield of 2.12%. 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.