Rothschild Capital Partners LLC Buys Shares of 780 The Goldman Sachs Group, Inc. (NYSE:GS)

Rothschild Capital Partners LLC bought a new position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 780 shares of the investment management company's stock, valued at approximately $447,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morse Asset Management Inc purchased a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at $911,000. SkyView Investment Advisors LLC grew its stake in shares of The Goldman Sachs Group by 8.8% during the 3rd quarter. SkyView Investment Advisors LLC now owns 3,553 shares of the investment management company's stock valued at $1,759,000 after buying an additional 286 shares during the period. Chelsea Counsel Co. grew its stake in shares of The Goldman Sachs Group by 400.0% during the 3rd quarter. Chelsea Counsel Co. now owns 375 shares of the investment management company's stock valued at $186,000 after buying an additional 300 shares during the period. Tudor Financial Inc. purchased a new stake in shares of The Goldman Sachs Group during the 3rd quarter valued at $228,000. Finally, Anchor Investment Management LLC grew its stake in shares of The Goldman Sachs Group by 29.1% during the 3rd quarter. Anchor Investment Management LLC now owns 4,230 shares of the investment management company's stock valued at $2,094,000 after buying an additional 953 shares during the period. 71.21% of the stock is owned by hedge funds and other institutional investors.

The Goldman Sachs Group Stock Performance

NYSE GS traded down $0.23 during trading hours on Tuesday, reaching $546.17. The company's stock had a trading volume of 717,427 shares, compared to its average volume of 2,940,778. 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 business has a 50-day simple moving average of $546.52 and a 200 day simple moving average of $574.64. The Goldman Sachs Group, Inc. has a 52 week low of $425.19 and a 52 week high of $672.19. The stock has a market cap of $170.43 billion, a PE ratio of 13.47, a PEG ratio of 0.89 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $1.55. The business had revenue of $15.06 billion for the quarter, compared to the consensus estimate of $14.99 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. During the same quarter last year, the business posted $11.58 EPS. Equities research analysts predict 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 business also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be issued a $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Friday, May 30th. The Goldman Sachs Group's dividend payout ratio (DPR) is 27.85%.

Analysts Set New Price Targets

GS has been the topic of several recent research reports. Keefe, Bruyette & Woods lowered shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and reduced their target price for the company from $690.00 to $660.00 in a report on Thursday, February 27th. Royal Bank of Canada cut their price objective on shares of The Goldman Sachs Group from $610.00 to $560.00 and set a "sector perform" rating on the stock in a report on Tuesday, April 15th. Morgan Stanley set a $558.00 price objective on shares of The Goldman Sachs Group and gave the stock an "equal weight" rating in a report on Monday, April 7th. UBS Group boosted their price objective on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a "neutral" rating in a report on Tuesday, January 21st. Finally, Citigroup cut their price objective on shares of The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating on the stock in a report on Monday, March 24th. Thirteen equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $593.40.

Insider Buying and Selling

In related news, Director John B. Hess purchased 3,904 shares of the business's stock in a transaction that occurred on Tuesday, April 15th. The shares were acquired at an average price of $511.68 per share, with a total value of $1,997,598.72. Following the acquisition, the director now owns 3,904 shares in the company, valued at approximately $1,997,598.72. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.55% 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.