Integrated Investment Consultants LLC Has $1.04 Million Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Integrated Investment Consultants LLC grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 22.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,807 shares of the investment management company’s stock after buying an additional 334 shares during the period. Integrated Investment Consultants LLC’s holdings in The Goldman Sachs Group were worth $1,035,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GS. Semmax Financial Advisors Inc. acquired a new stake in The Goldman Sachs Group during the second quarter valued at $26,000. Quest Partners LLC raised its stake in shares of The Goldman Sachs Group by 6,300.0% during the 2nd quarter. Quest Partners LLC now owns 64 shares of the investment management company’s stock worth $29,000 after purchasing an additional 63 shares in the last quarter. West Branch Capital LLC acquired a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at about $30,000. DT Investment Partners LLC grew its stake in shares of The Goldman Sachs Group by 110.0% in the 3rd quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock valued at $31,000 after buying an additional 33 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new position in The Goldman Sachs Group in the third quarter worth approximately $34,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on GS. Bank of America lifted their target price on shares of The Goldman Sachs Group from $563.00 to $575.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. UBS Group reaffirmed a “neutral” rating and issued a $610.00 price objective on shares of The Goldman Sachs Group in a research note on Monday, January 6th. Wells Fargo & Company increased their target price 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. Morgan Stanley boosted their price target on The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, HSBC lowered The Goldman Sachs Group from a “buy” rating to a “hold” rating and increased their price objective for the company from $569.00 to $608.00 in a report on Tuesday, November 26th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group currently has a consensus rating of “Moderate Buy” and an average target price of $589.19.

The Goldman Sachs Group Price Performance

Shares of The Goldman Sachs Group stock opened at $626.84 on Friday. The firm has a fifty day moving average price of $586.47 and a two-hundred day moving average price of $528.71. The Goldman Sachs Group, Inc. has a fifty-two week low of $372.07 and a fifty-two week high of $627.00. 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 company has a market cap of $196.77 billion, a PE ratio of 18.39, a price-to-earnings-growth ratio of 0.66 and a beta of 1.38.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating the consensus estimate of $8.21 by $3.74. The Goldman Sachs Group had a net margin of 9.89% and a return on equity of 11.39%. The business had revenue of $13.87 billion during the quarter, compared to analysts’ expectations of $12.36 billion. During the same quarter last year, the company earned $5.48 earnings per share. The firm’s revenue was up 22.5% on a year-over-year basis. Analysts expect that The Goldman Sachs Group, Inc. will post 37.24 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 annualized dividend and a yield of 1.91%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 35.21%.

Insider Buying and Selling

In other news, EVP John F.W. Rogers sold 6,416 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $596.36, for a total value of $3,826,245.76. Following the completion of the transaction, the executive vice president now directly owns 57,614 shares of the company’s stock, valued at approximately $34,358,685.04. This represents a 10.02 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Sheara J. Fredman sold 2,974 shares of the firm’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $594.51, for a total value of $1,768,072.74. Following the transaction, the chief accounting officer now owns 8,489 shares of the company’s stock, valued at $5,046,795.39. This trade represents a 25.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 20,940 shares of company stock valued at $12,656,179 over the last ninety days. 0.57% of the stock is owned by company insiders.

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.