My Personal CFO LLC Buys Shares of 364 The Goldman Sachs Group, Inc. (NYSE:GS)

My Personal CFO LLC purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS – Get Rating) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 364 shares of the investment management company’s stock, valued at approximately $125,000.

Several other large investors also recently modified their holdings of GS. Rosenberg Matthew Hamilton lifted its holdings in The Goldman Sachs Group by 8.0% in the third quarter. Rosenberg Matthew Hamilton now owns 1,003 shares of the investment management company’s stock valued at $294,000 after acquiring an additional 74 shares during the period. Asset Management One Co. Ltd. lifted its stake in shares of The Goldman Sachs Group by 3.1% in the 3rd quarter. Asset Management One Co. Ltd. now owns 212,517 shares of the investment management company’s stock worth $62,278,000 after purchasing an additional 6,368 shares during the period. Investment Partners LTD. boosted its holdings in shares of The Goldman Sachs Group by 66.6% in the third quarter. Investment Partners LTD. now owns 2,186 shares of the investment management company’s stock worth $641,000 after buying an additional 874 shares during the last quarter. Gamco Investors INC. ET AL boosted its holdings in shares of The Goldman Sachs Group by 6.3% in the second quarter. Gamco Investors INC. ET AL now owns 4,943 shares of the investment management company’s stock worth $1,468,000 after buying an additional 294 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. increased its holdings in The Goldman Sachs Group by 22.3% during the third quarter. Nicholas Hoffman & Company LLC. now owns 1,624 shares of the investment management company’s stock valued at $476,000 after buying an additional 296 shares during the last quarter. Institutional investors own 69.09% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE GS traded down $11.55 on Friday, reaching $303.54. The company had a trading volume of 6,369,764 shares, compared to its average volume of 3,020,819. The stock has a market capitalization of $101.81 billion, a PE ratio of 10.10, a price-to-earnings-growth ratio of 0.62 and a beta of 1.42. The Goldman Sachs Group, Inc. has a 12 month low of $277.84 and a 12 month high of $389.58. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 2.32. The firm’s 50 day moving average price is $355.30 and its 200 day moving average price is $346.44.

The Goldman Sachs Group (NYSE:GS – Get Rating) last issued its earnings results on Tuesday, January 17th. The investment management company reported $3.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.25 by ($1.93). The firm had revenue of $10.59 billion during the quarter, compared to the consensus estimate of $10.91 billion. The Goldman Sachs Group had a return on equity of 10.55% and a net margin of 16.39%. The company’s revenue for the quarter was down 16.2% compared to the same quarter last year. During the same period last year, the firm posted $10.81 earnings per share. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 33.14 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 30th. Stockholders of record on Thursday, March 2nd will be issued a dividend of $2.50 per share. The ex-dividend date of this dividend is Wednesday, March 1st. This represents a $10.00 annualized dividend and a dividend yield of 3.29%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 33.27%.

Insider Activity

In related news, major shareholder Goldman Sachs Group Inc sold 3,749 shares of the firm’s stock in a transaction on Monday, March 6th. The shares were sold at an average price of $10.58, for a total value of $39,664.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on GS shares. Morgan Stanley cut their price objective on shares of The Goldman Sachs Group from $356.00 to $332.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 18th. Wolfe Research downgraded The Goldman Sachs Group from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 4th. StockNews.com initiated coverage on The Goldman Sachs Group in a research report on Thursday. They set a “hold” rating on the stock. Barclays raised their target price on shares of The Goldman Sachs Group from $410.00 to $495.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 3rd. Finally, UBS Group upped their price target on shares of The Goldman Sachs Group from $325.00 to $350.00 and gave the stock a “neutral” rating in a research report on Monday, January 9th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $399.24.

The Goldman Sachs Group Company Profile

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The Goldman Sachs Group, Inc engages in global investment banking, securities, and investment management, which provides financial services. It operates through the following business segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The Investment Banking segment serves public and private sector clients around the world and provides financial advisory services, helping companies raise capital to strengthen and grow their businesses and provide financing to corporate clients.