Crossmark Global Holdings Inc. Has $6.95 Million Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Crossmark Global Holdings Inc. decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 25.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,136 shares of the investment management company’s stock after selling 4,123 shares during the period. Crossmark Global Holdings Inc.’s holdings in The Goldman Sachs Group were worth $6,949,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in GS. Thrivent Financial for Lutherans grew its holdings in shares of The Goldman Sachs Group by 4.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 14,562 shares of the investment management company’s stock valued at $6,586,000 after acquiring an additional 634 shares in the last quarter. Epoch Investment Partners Inc. grew its stake in The Goldman Sachs Group by 6.9% in the second quarter. Epoch Investment Partners Inc. now owns 2,350 shares of the investment management company’s stock valued at $1,063,000 after purchasing an additional 151 shares in the last quarter. Evergreen Capital Management LLC increased its position in The Goldman Sachs Group by 3.8% in the 2nd quarter. Evergreen Capital Management LLC now owns 1,530 shares of the investment management company’s stock worth $692,000 after purchasing an additional 56 shares during the last quarter. Mill Creek Capital Advisors LLC raised its stake in shares of The Goldman Sachs Group by 3.5% during the 2nd quarter. Mill Creek Capital Advisors LLC now owns 4,194 shares of the investment management company’s stock worth $1,897,000 after purchasing an additional 143 shares in the last quarter. Finally, Semmax Financial Advisors Inc. purchased a new stake in shares of The Goldman Sachs Group during the 2nd quarter worth about $26,000. 71.21% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at The Goldman Sachs Group

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, Director Kevin R. Johnson purchased 2,400 shares of the firm’s stock in a transaction that occurred on 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 purchase, the director now owns 2,400 shares in the company, valued at $1,485,648. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders sold 20,940 shares of company stock valued at $12,656,179. Company insiders own 0.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Evercore ISI increased their price objective on The Goldman Sachs Group from $520.00 to $575.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Hsbc Global Res downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. JPMorgan Chase & Co. upped their price objective on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Barclays raised their target price on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Finally, Bank of America upped their price target on The Goldman Sachs Group from $563.00 to $575.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. Eight research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and a consensus target price of $591.06.

The Goldman Sachs Group Stock Up 1.4 %

NYSE GS opened at $634.74 on Wednesday. The Goldman Sachs Group, Inc. has a twelve month low of $374.24 and a twelve month high of $635.43. The stock has a market cap of $199.25 billion, a PE ratio of 15.65, a PEG ratio of 0.90 and a beta of 1.38. The firm has a 50-day simple moving average of $587.71 and a 200 day simple moving average of $531.85. 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 Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, topping analysts’ consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The company’s quarterly revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the company earned $5.48 EPS. On average, research analysts forecast that The Goldman Sachs Group, Inc. will post 45.32 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed 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. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio is 29.59%.

The Goldman Sachs Group 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.