2,600 Shares in The Goldman Sachs Group, Inc. $GS Bought by Aubrey Capital Management Ltd

Key Points

• Aubrey Capital Management Ltd opened a new position in Goldman Sachs, buying 2,600 shares valued at about $2.285 million in the fourth quarter.
• Goldman Sachs reported better-than-expected quarterly results, with EPS of $17.55 versus estimates of $15.92 and revenue up 14.4% year over year to $17.23 billion.
• The company recently announced a quarterly dividend of $4.50 per share, which annualizes to $18.00 and implies a 1.9% yield.

Aubrey Capital Management Ltd acquired a new position in shares of 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 institutional investor acquired 2,600 shares of the investment management company's stock, valued at approximately $2,285,000.

Several other large investors have also modified their holdings of the company. Acropolis Investment Management LLC grew its position in shares of The Goldman Sachs Group by 1.8% in the fourth quarter. Acropolis Investment Management LLC now owns 630 shares of the investment management company's stock valued at $554,000 after purchasing an additional 11 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its position in shares of The Goldman Sachs Group by 2.0% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 574 shares of the investment management company's stock valued at $505,000 after purchasing an additional 11 shares during the last quarter. Optas LLC grew its position in shares of The Goldman Sachs Group by 0.4% in the fourth quarter. Optas LLC now owns 2,553 shares of the investment management company's stock valued at $2,244,000 after purchasing an additional 11 shares during the last quarter. Pines Wealth Management LLC grew its position in shares of The Goldman Sachs Group by 0.4% in the fourth quarter. Pines Wealth Management LLC now owns 2,566 shares of the investment management company's stock valued at $2,255,000 after purchasing an additional 11 shares during the last quarter. Finally, Terra Nova Asset Management LLC grew its position in shares of The Goldman Sachs Group by 0.5% in the fourth quarter. Terra Nova Asset Management LLC now owns 2,650 shares of the investment management company's stock valued at $2,329,000 after purchasing an additional 12 shares during the last quarter. 71.21% of the stock is owned by institutional investors.

The Goldman Sachs Group Stock Up 0.0%

GS stock opened at $936.72 on Monday. The Goldman Sachs Group, Inc. has a twelve month low of $565.78 and a twelve month high of $984.70. The company has a market cap of $276.34 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 1.21 and a beta of 1.28. The business's 50-day simple moving average is $870.56 and its 200 day simple moving average is $871.13. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 2.89.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts' consensus estimates of $15.92 by $1.63. The Goldman Sachs Group had a return on equity of 16.53% and a net margin of 14.13%.The business had revenue of $17.23 billion for the quarter, compared to the consensus estimate of $16.66 billion. During the same period last year, the business earned $14.12 earnings per share. The firm's revenue for the quarter was up 14.4% compared to the same quarter last year. On average, research analysts anticipate that The Goldman Sachs Group, Inc. will post 59.53 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Monday, June 1st will be given a dividend of $4.50 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $18.00 dividend on an annualized basis and a yield of 1.9%. The Goldman Sachs Group's dividend payout ratio (DPR) is 32.89%.

Trending Headlines about The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: DBS Bank raised its price target on Goldman Sachs to $1,050 from $890, signaling meaningful upside from current levels. DBS Bank adjusts Goldman Sachs price target to $1,050 from $890
• Positive Sentiment: UBS also nudged its price target higher to $940 from $930, reinforcing a constructive view on the stock. UBS adjusts Goldman Sachs price target to $940 from $930
• Positive Sentiment: Goldman Sachs continues to be highlighted as a momentum name and a potential long-term winner, which can support investor sentiment around the shares. Zacks article on Goldman Sachs as a top momentum stock
• Neutral Sentiment: Goldman Sachs has been active in AI-related commentary and partnerships, including discussion of its in-house AI tools and Anthropic-related collaboration, but these headlines are not immediate stock catalysts. Goldman Sachs tech boss discusses AI usage
• Neutral Sentiment: News that Nvidia named Goldman Sachs veteran Suzanne Nora Johnson to its board reflects Goldman’s influence in finance and tech, but has limited direct impact on GS earnings. Nvidia names Goldman Sachs veteran Suzanne Nora Johnson to board
• Negative Sentiment: Some headlines may pressure sentiment slightly, including insider selling and reports of rising bad loans in Goldman Sachs’ private credit fund and a 3.7% NAV decline at Goldman Sachs BDC. Bloomberg report on Goldman Sachs private credit fund bad loans

Analysts Set New Price Targets

GS has been the topic of several research analyst reports. BNP Paribas Exane lowered their price target on The Goldman Sachs Group from $970.00 to $940.00 and set a "neutral" rating on the stock in a research report on Friday, April 24th. Zacks Research downgraded The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 16th. Citigroup raised their price target on The Goldman Sachs Group from $765.00 to $930.00 and gave the company a "neutral" rating in a research report on Friday. Rothschild & Co Redburn raised their price target on The Goldman Sachs Group from $839.00 to $870.00 and gave the company a "neutral" rating in a research report on Friday, April 17th. Finally, Jefferies Financial Group lowered their price target on The Goldman Sachs Group from $1,125.00 to $1,049.00 and set a "buy" rating on the stock in a research report on Monday, April 6th. Eight research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, The Goldman Sachs Group presently has a consensus rating of "Hold" and a consensus target price of $942.24.

Insider Transactions at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 14,292 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $939.07, for a total transaction of $13,421,188.44. Following the sale, the insider directly owned 15,657 shares of the company's stock, valued at $14,703,018.99. This trade represents a 47.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 2,704 shares of The Goldman Sachs Group stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $960.99, for a total value of $2,598,516.96. Following the sale, the executive vice president directly owned 9,428 shares in the company, valued at approximately $9,060,213.72. This trade represents a 22.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 42,679 shares of company stock valued at $40,272,963 in the last ninety days. 0.55% of the stock is owned by corporate insiders.

About The Goldman Sachs Group

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs' core businesses include investment banking, global markets, asset and wealth management, and consumer banking.

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