The Goldman Sachs Group, Inc. (NYSE:GS) Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,757 shares of the investment management company’s stock after selling 166 shares during the quarter. Integrated Advisors Network LLC’s holdings in The Goldman Sachs Group were worth $6,464,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. WNY Asset Management LLC grew its holdings in The Goldman Sachs Group by 1.6% in the fourth quarter. WNY Asset Management LLC now owns 1,627 shares of the investment management company’s stock valued at $628,000 after purchasing an additional 26 shares during the last quarter. Albert D Mason Inc. grew its holdings in The Goldman Sachs Group by 4.3% in the fourth quarter. Albert D Mason Inc. now owns 662 shares of the investment management company’s stock valued at $255,000 after purchasing an additional 27 shares during the last quarter. Mayflower Financial Advisors LLC grew its holdings in The Goldman Sachs Group by 1.4% in the fourth quarter. Mayflower Financial Advisors LLC now owns 1,970 shares of the investment management company’s stock valued at $760,000 after purchasing an additional 28 shares during the last quarter. Avitas Wealth Management LLC grew its holdings in The Goldman Sachs Group by 0.7% in the fourth quarter. Avitas Wealth Management LLC now owns 4,435 shares of the investment management company’s stock valued at $1,711,000 after purchasing an additional 29 shares during the last quarter. Finally, Addison Advisors LLC boosted its stake in shares of The Goldman Sachs Group by 7.5% during the fourth quarter. Addison Advisors LLC now owns 414 shares of the investment management company’s stock valued at $160,000 after acquiring an additional 29 shares during the last quarter. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director David A. Viniar sold 5,000 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $432.25, for a total value of $2,161,250.00. Following the completion of the sale, the director now owns 623,425 shares in the company, valued at $269,475,456.25. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Trading Up 0.0 %

Shares of The Goldman Sachs Group stock traded up $0.11 during trading hours on Friday, reaching $446.46. The stock had a trading volume of 1,559,064 shares, compared to its average volume of 1,947,240. The firm has a 50 day simple moving average of $439.28 and a two-hundred day simple moving average of $403.21. The firm has a market capitalization of $143.97 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 0.90 and a beta of 1.39. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.18. The Goldman Sachs Group, Inc. has a 1 year low of $289.36 and a 1 year high of $471.48.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Monday, April 15th. The investment management company reported $11.58 EPS for the quarter, topping analysts’ consensus estimates of $8.54 by $3.04. The Goldman Sachs Group had a return on equity of 8.86% and a net margin of 8.17%. The company had revenue of $14.21 billion for the quarter, compared to the consensus estimate of $12.94 billion. During the same period last year, the business posted $8.79 EPS. The company’s quarterly revenue was up 16.1% compared to the same quarter last year. As a group, equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 36.57 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th will be paid a $2.75 dividend. The ex-dividend date is Thursday, May 30th. This represents a $11.00 dividend on an annualized basis and a dividend yield of 2.46%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 42.95%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. JMP Securities increased their price objective on The Goldman Sachs Group from $440.00 to $460.00 and gave the company a “market outperform” rating in a research note on Tuesday, April 9th. BMO Capital Markets increased their price objective on The Goldman Sachs Group from $349.00 to $360.00 and gave the company a “market perform” rating in a research note on Tuesday, April 16th. Citigroup increased their price objective on The Goldman Sachs Group from $410.00 to $425.00 and gave the company a “neutral” rating in a research note on Tuesday, April 16th. Oppenheimer increased their price objective on The Goldman Sachs Group from $479.00 to $517.00 and gave the company an “outperform” rating in a research note on Tuesday, April 30th. Finally, HSBC increased their price objective on The Goldman Sachs Group from $460.00 to $470.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Six research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $440.57.

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.