CKW Financial Group Has $129,000 Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

CKW Financial Group decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 25.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 225 shares of the investment management company’s stock after selling 75 shares during the period. CKW Financial Group’s holdings in The Goldman Sachs Group were worth $129,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Mount Yale Investment Advisors LLC raised its stake in shares of The Goldman Sachs Group by 9.7% in the 4th quarter. Mount Yale Investment Advisors LLC now owns 5,960 shares of the investment management company’s stock valued at $3,412,000 after buying an additional 529 shares in the last quarter. Valued Wealth Advisors LLC boosted its position in The Goldman Sachs Group by 68.6% in the fourth quarter. Valued Wealth Advisors LLC now owns 86 shares of the investment management company’s stock valued at $49,000 after buying an additional 35 shares in the last quarter. Parkside Investments LLC raised its stake in shares of The Goldman Sachs Group by 439.5% in the fourth quarter. Parkside Investments LLC now owns 10,790 shares of the investment management company’s stock valued at $6,179,000 after acquiring an additional 8,790 shares during the last quarter. McLean Asset Management Corp boosted its holdings in shares of The Goldman Sachs Group by 11.6% in the 4th quarter. McLean Asset Management Corp now owns 844 shares of the investment management company’s stock worth $483,000 after acquiring an additional 88 shares in the last quarter. Finally, Webster Bank N. A. grew its position in The Goldman Sachs Group by 32.0% during the 4th quarter. Webster Bank N. A. now owns 619 shares of the investment management company’s stock worth $354,000 after acquiring an additional 150 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of GS opened at $636.80 on Monday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The Goldman Sachs Group, Inc. has a 1 year low of $374.24 and a 1 year high of $645.54. The stock has a market cap of $199.90 billion, a P/E ratio of 15.70, a price-to-earnings-growth ratio of 0.88 and a beta of 1.38. The stock’s 50-day moving average price is $591.21 and its two-hundred day moving average price is $536.52.

The Goldman Sachs Group (NYSE:GS) last issued its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. During the same quarter last year, the business earned $5.48 earnings per share. The company’s revenue was up 22.5% compared to the same quarter last year. On average, equities analysts predict that The Goldman Sachs Group, Inc. will post 46.81 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

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 issued a dividend of $3.00 per share. This represents a $12.00 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Oppenheimer reduced their price objective on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Bank of America raised their target price on 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. HSBC lowered The Goldman Sachs Group from a “buy” rating to a “hold” rating and raised their target price for the company from $569.00 to $608.00 in a research note on Tuesday, November 26th. 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 research note on Thursday, January 16th. Finally, Wells Fargo & Company raised their target price on The Goldman Sachs Group from $600.00 to $680.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. 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 company presently has a consensus rating of “Moderate Buy” and an average target price of $591.06.

Insider Activity

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 2,034 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $627.01, for a total transaction of $1,275,338.34. Following the transaction, the chief accounting officer now owns 6,455 shares of the company’s stock, valued at $4,047,349.55. The trade was a 23.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Treasurer Carey Halio sold 1,545 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The stock was 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 position. The disclosure for this sale can be found here. Insiders have sold 32,017 shares of company stock worth $19,655,538 in the last 90 days. Corporate insiders own 0.54% of the company’s stock.

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.