Duncker Streett & Co. Inc. Lowers Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Duncker Streett & Co. Inc. trimmed its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 1,555 shares of the investment management company’s stock after selling 39 shares during the quarter. Duncker Streett & Co. Inc.’s holdings in The Goldman Sachs Group were worth $890,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Stephens Consulting LLC bought a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $26,000. Asset Planning Inc purchased a new position in The Goldman Sachs Group in the 4th quarter worth approximately $29,000. Truvestments Capital LLC purchased a new position in The Goldman Sachs Group in the 3rd quarter worth approximately $34,000. Whipplewood Advisors LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter worth approximately $34,000. Finally, Capital Performance Advisors LLP purchased a new stake in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $38,000. 71.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, insider Alex S. Golten sold 5,208 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total value of $3,313,590.00. Following the transaction, the insider now owns 3,545 shares in the company, valued at $2,255,506.25. This trade represents a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kevin R. Johnson acquired 2,400 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, January 17th. The shares were bought at an average price of $619.02 per share, for a total transaction of $1,485,648.00. Following the transaction, the director now owns 2,400 shares of the company’s stock, valued at $1,485,648. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 19,925 shares of company stock valued at $12,630,683 over the last ninety days. Company insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Stock Up 2.3 %

Shares of GS stock opened at $622.11 on Friday. The stock’s 50-day simple moving average is $616.74 and its 200-day simple moving average is $562.96. 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 firm has a market capitalization of $194.12 billion, a PE ratio of 15.34, a P/E/G ratio of 0.89 and a beta of 1.39. The Goldman Sachs Group, Inc. has a fifty-two week low of $381.42 and a fifty-two week high of $672.19.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The business had revenue of $13.87 billion for the quarter, compared to analyst estimates 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 revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the company earned $5.48 earnings per share. Equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 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 Friday, March 28th. Investors 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 yield of 1.93%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is 29.59%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. UBS Group upped their price objective on The Goldman Sachs Group from $610.00 to $640.00 and gave the company a “neutral” rating in a research report on Tuesday, January 21st. HSBC downgraded The Goldman Sachs Group from a “buy” rating to a “hold” rating and increased their price target for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. Oppenheimer dropped their price target on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd. Finally, Keefe, Bruyette & Woods cut The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $690.00 to $660.00 in a research note on Thursday. Nine investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $591.69.

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.