The Goldman Sachs Group, Inc. (NYSE:GS) Shares Purchased by Bailard Inc.

Bailard Inc. increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 259.6% in the fourth quarter, Holdings Channel reports. The firm owned 1,593 shares of the investment management company’s stock after acquiring an additional 1,150 shares during the period. Bailard Inc.’s holdings in The Goldman Sachs Group were worth $912,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Mizuho Securities USA LLC boosted its stake in shares of The Goldman Sachs Group by 30,068.9% during the 3rd quarter. Mizuho Securities USA LLC now owns 7,500,000 shares of the investment management company’s stock valued at $3,713,325,000 after buying an additional 7,475,140 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of The Goldman Sachs Group by 1.9% during the 4th quarter. Fisher Asset Management LLC now owns 6,155,336 shares of the investment management company’s stock valued at $3,524,669,000 after buying an additional 112,696 shares during the last quarter. FMR LLC boosted its stake in shares of The Goldman Sachs Group by 21.9% during the 3rd quarter. FMR LLC now owns 2,898,637 shares of the investment management company’s stock valued at $1,435,144,000 after buying an additional 521,054 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of The Goldman Sachs Group by 1.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,707,632 shares of the investment management company’s stock valued at $845,466,000 after buying an additional 18,541 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of The Goldman Sachs Group by 3.9% during the 3rd quarter. Franklin Resources Inc. now owns 1,660,088 shares of the investment management company’s stock valued at $898,428,000 after buying an additional 62,246 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity

In other The Goldman Sachs Group news, Director Kevin R. Johnson purchased 2,400 shares of the stock in a transaction dated Friday, January 17th. The shares were bought at an average cost of $619.02 per share, with a total value of $1,485,648.00. Following the completion of the acquisition, the director now owns 2,400 shares of the company’s stock, valued at approximately $1,485,648. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Alex S. Golten sold 5,208 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total value of $3,313,590.00. Following the transaction, the insider now directly 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 19,925 shares of company stock valued at $12,630,683. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

GS has been the subject of several research analyst reports. Wells Fargo & Company reiterated an “overweight” rating on shares of The Goldman Sachs Group in a research note on Friday. HSBC cut The Goldman Sachs Group from a “buy” rating to a “hold” rating and raised their price objective for the stock from $569.00 to $608.00 in a research note on Tuesday, November 26th. Barclays raised their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. JPMorgan Chase & Co. raised their price objective on The Goldman Sachs Group from $550.00 to $605.00 and gave the stock an “overweight” rating in a research note on Thursday, January 16th. Finally, 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. Nine analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $591.69.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $604.84 on Tuesday. The Goldman Sachs Group, Inc. has a 1-year low of $381.42 and a 1-year high of $672.19. 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 business’s fifty day moving average price is $617.42 and its two-hundred day moving average price is $564.16. The firm has a market capitalization of $188.73 billion, a PE ratio of 14.92, a P/E/G ratio of 0.89 and a beta of 1.39.

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 for the quarter, topping the consensus estimate of $8.21 by $3.74. The firm 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 firm’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same period last year, the company earned $5.48 earnings per share. On average, research analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is 29.59%.

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.