2,500 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Purchased by Cache Advisors LLC

Cache Advisors LLC acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,500 shares of the investment management company's stock, valued at approximately $1,432,000.

A number of other large investors also recently modified their holdings of the stock. GF Fund Management CO. LTD. bought a new position in The Goldman Sachs Group in the fourth quarter valued at $383,000. Parr Mcknight Wealth Management Group LLC bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $3,293,000. Public Employees Retirement System of Ohio lifted its stake in shares of The Goldman Sachs Group by 135.2% during the 4th quarter. Public Employees Retirement System of Ohio now owns 331,406 shares of the investment management company's stock worth $189,770,000 after buying an additional 190,510 shares during the last quarter. Strait & Sound Wealth Management LLC lifted its stake in shares of The Goldman Sachs Group by 3.3% during the 4th quarter. Strait & Sound Wealth Management LLC now owns 1,777 shares of the investment management company's stock worth $1,018,000 after buying an additional 57 shares during the last quarter. Finally, Helium Advisors LLC acquired a new stake in shares of The Goldman Sachs Group during the 4th quarter worth about $254,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director John B. Hess purchased 3,904 shares of the company's stock in a transaction dated Tuesday, April 15th. The shares were acquired at an average price of $511.68 per share, for a total transaction of $1,997,598.72. Following the completion of the purchase, the director now owns 3,904 shares of the company's stock, valued at approximately $1,997,598.72. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.55% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GS shares. Daiwa Capital Markets cut 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. Daiwa America cut shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. Oppenheimer cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Morgan Stanley set a $558.00 target price on The Goldman Sachs Group and gave the stock an "equal weight" rating in a research report on Monday, April 7th. Finally, Citigroup lowered their target price on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating for the company in a research report on Monday, March 24th. Thirteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $593.40.

The Goldman Sachs Group Stock Performance

GS traded down $5.07 during midday trading on Thursday, hitting $603.37. 984,023 shares of the company traded hands, compared to its average volume of 2,376,010. The Goldman Sachs Group, Inc. has a 52 week low of $437.37 and a 52 week high of $672.19. The firm has a market capitalization of $185.14 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32. 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 company's 50-day moving average is $549.94 and its 200 day moving average is $582.22.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last issued its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $12.57 by $1.55. The company had revenue of $15.06 billion during 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 period last year, the company earned $11.58 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be paid a dividend of $3.00 per share. The ex-dividend date is Friday, May 30th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.99%. The Goldman Sachs Group's payout ratio is 27.85%.

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.