Capital International Sarl Grows Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Capital International Sarl grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,392 shares of the investment management company’s stock after purchasing an additional 1,076 shares during the period. Capital International Sarl’s holdings in The Goldman Sachs Group were worth $9,386,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Stephens Consulting LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $26,000. Asset Planning Inc bought a new position in shares of The Goldman Sachs Group during the 4th quarter valued at $29,000. Curio Wealth LLC bought a new stake in shares of The Goldman Sachs Group in the fourth quarter worth $30,000. Whipplewood Advisors LLC purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at $34,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group in the fourth quarter worth about $37,000. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS opened at $509.83 on Friday. The stock has a market capitalization of $159.09 billion, a P/E ratio of 12.57, a PEG ratio of 0.89 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 52 week low of $402.41 and a 52 week high of $672.19. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32. The firm has a fifty day simple moving average of $564.71 and a two-hundred day simple moving average of $572.11.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, topping the consensus estimate of $12.57 by $1.55. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company had revenue of $15.06 billion during the quarter, compared to analyst estimates of $14.99 billion. During the same period in the previous year, the firm earned $11.58 earnings per share. On average, analysts expect that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, May 30th will be paid a $3.00 dividend. The ex-dividend date is Friday, May 30th. This represents a $12.00 dividend on an annualized basis and a yield of 2.35%. The Goldman Sachs Group’s payout ratio is 29.59%.

Insider Activity at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 1,545 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total value of $965,115.15. Following the completion of the sale, the treasurer now owns 8,192 shares in the company, valued at approximately $5,117,296.64. The trade was a 15.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kathryn H. Ruemmler sold 7,498 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the transaction, the insider now directly owns 9,589 shares in the company, valued at approximately $6,086,042.41. The trade was a 43.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,925 shares of company stock worth $12,630,683 in the last 90 days. 0.55% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on GS. Daiwa Capital Markets lowered shares of The Goldman Sachs Group from an “outperform” rating to a “neutral” rating and set a $560.00 target price for the company. in a research report on Friday, April 4th. Keefe, Bruyette & Woods cut The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $690.00 to $660.00 in a report on Thursday, February 27th. Oppenheimer lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 19th. UBS Group raised their target price on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada dropped their target price on shares of The Goldman Sachs Group from $610.00 to $560.00 and set a “sector perform” rating for the company in a report on Tuesday. Thirteen research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $593.40.

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.