The Goldman Sachs Group, Inc. (NYSE:GS) Shares Acquired by Nikulski Financial Inc.

Nikulski Financial Inc. boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,458 shares of the investment management company’s stock after acquiring an additional 45 shares during the quarter. Nikulski Financial Inc.’s holdings in The Goldman Sachs Group were worth $1,980,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. GSB Wealth Management LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at about $222,000. Grimes & Company Inc. raised its position in shares of The Goldman Sachs Group by 0.9% during the 4th quarter. Grimes & Company Inc. now owns 3,927 shares of the investment management company’s stock worth $2,249,000 after purchasing an additional 34 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of The Goldman Sachs Group by 2.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 11,261 shares of the investment management company’s stock worth $6,448,000 after acquiring an additional 256 shares during the last quarter. Accel Wealth Management increased its position in The Goldman Sachs Group by 7.2% during the 4th quarter. Accel Wealth Management now owns 689 shares of the investment management company’s stock worth $395,000 after purchasing an additional 46 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of The Goldman Sachs Group by 7.3% during the 4th quarter. Fifth Third Bancorp now owns 205,747 shares of the investment management company’s stock worth $117,815,000 after purchasing an additional 13,959 shares during the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Kathryn H. Ruemmler sold 7,498 shares of The Goldman Sachs Group stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the sale, the insider now owns 9,589 shares of the company’s stock, valued at $6,086,042.41. The trade was a 43.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 value of $965,115.15. Following the transaction, the treasurer now directly owns 8,192 shares in the company, valued at $5,117,296.64. This trade represents a 15.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 32,017 shares of company stock valued at $19,655,538 in the last quarter. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Barclays upped their price objective on shares of The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods increased their target price on 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. Citigroup lifted their price target on The Goldman Sachs Group from $485.00 to $585.00 and gave the company a “neutral” rating in a report on Thursday, November 21st. 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. Finally, Morgan Stanley boosted their target price on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Eight investment 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 presently has a consensus rating of “Moderate Buy” and an average price target of $591.06.

The Goldman Sachs Group Stock Down 0.4 %

NYSE:GS opened at $636.80 on Friday. 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 50-day simple moving average of $591.21 and a 200 day simple moving average of $535.67. The Goldman Sachs Group, Inc. has a one year low of $374.24 and a one year high of $645.54. The company has a market capitalization of $199.90 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 0.88 and a beta of 1.38.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.21 by $3.74. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The business had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. The business’s revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the company posted $5.48 EPS. Sell-side analysts predict that The Goldman Sachs Group, Inc. will post 46.81 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be given a $3.00 dividend. The ex-dividend date is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.88%. The Goldman Sachs Group’s payout ratio is currently 29.59%.

About The Goldman Sachs Group

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.