Achmea Investment Management B.V. Buys 3,192 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Achmea Investment Management B.V. increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 156.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,233 shares of the investment management company’s stock after purchasing an additional 3,192 shares during the quarter. Achmea Investment Management B.V.’s holdings in The Goldman Sachs Group were worth $2,997,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of GS. Swedbank AB boosted its position in The Goldman Sachs Group by 4.2% during the 3rd quarter. Swedbank AB now owns 339,047 shares of the investment management company’s stock worth $167,866,000 after acquiring an additional 13,730 shares during the last quarter. Huntington National Bank boosted its position in The Goldman Sachs Group by 5.1% during the 3rd quarter. Huntington National Bank now owns 10,286 shares of the investment management company’s stock worth $5,093,000 after acquiring an additional 499 shares during the last quarter. KBC Group NV boosted its position in The Goldman Sachs Group by 78.7% during the 3rd quarter. KBC Group NV now owns 112,025 shares of the investment management company’s stock worth $55,465,000 after acquiring an additional 49,343 shares during the last quarter. OneDigital Investment Advisors LLC boosted its position in The Goldman Sachs Group by 10.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,248 shares of the investment management company’s stock worth $3,589,000 after acquiring an additional 683 shares during the last quarter. Finally, Balboa Wealth Partners boosted its position in The Goldman Sachs Group by 22.0% during the 3rd quarter. Balboa Wealth Partners now owns 1,624 shares of the investment management company’s stock worth $804,000 after acquiring an additional 293 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

Insider Activity at The Goldman Sachs Group

In related news, Treasurer Carey Halio sold 3,640 shares of the business’s stock in a transaction dated Friday, January 24th. The stock was sold at an average price of $636.74, for a total value of $2,317,733.60. Following the completion of the transaction, the treasurer now owns 4,552 shares of the company’s stock, valued at $2,898,440.48. The trade was a 44.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Alex S. Golten sold 5,208 shares of the business’s stock in a transaction dated 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 completion of the transaction, the insider now directly owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. This trade represents a 59.50 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 19,925 shares of company stock valued at $12,630,683 over the last quarter. 0.54% of the stock is owned by corporate insiders.

The Goldman Sachs Group Stock Up 3.3 %

GS opened at $542.31 on Friday. The Goldman Sachs Group, Inc. has a fifty-two week low of $383.41 and a fifty-two week high of $672.19. 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 company has a market capitalization of $169.22 billion, a P/E ratio of 13.37, a P/E/G ratio of 0.89 and a beta of 1.37. The stock has a fifty day moving average of $612.79 and a 200-day moving average of $566.37.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share 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 revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the firm earned $5.48 earnings per share. On average, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 yield of 2.21%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. HSBC downgraded The Goldman Sachs Group from a “buy” rating to a “hold” rating and increased their price objective for the company from $569.00 to $608.00 in a report on Tuesday, November 26th. JPMorgan Chase & Co. increased their price objective on The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a report on Thursday, January 16th. Keefe, Bruyette & Woods downgraded The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $690.00 to $660.00 in a report on Thursday, February 27th. Wells Fargo & Company reissued an “overweight” rating on shares of The Goldman Sachs Group in a report on Friday, February 28th. Finally, Morgan Stanley dropped their price target on The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating on the stock in a research note on Thursday. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $594.27.

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.