The Goldman Sachs Group, Inc. (NYSE:GS) Shares Bought by Strategic Wealth Partners Ltd.

Strategic Wealth Partners Ltd. lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 22.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 25,410 shares of the investment management company's stock after acquiring an additional 4,589 shares during the quarter. The Goldman Sachs Group accounts for about 1.2% of Strategic Wealth Partners Ltd.'s investment portfolio, making the stock its 16th largest holding. Strategic Wealth Partners Ltd.'s holdings in The Goldman Sachs Group were worth $14,550,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in GS. Scissortail Wealth Management LLC boosted its position in shares of The Goldman Sachs Group by 24,900.0% in the fourth quarter. Scissortail Wealth Management LLC now owns 500 shares of the investment management company's stock worth $286,000 after purchasing an additional 498 shares during the period. Shay Capital LLC boosted its position in shares of The Goldman Sachs Group by 60.0% in the fourth quarter. Shay Capital LLC now owns 2,000 shares of the investment management company's stock worth $1,145,000 after purchasing an additional 750 shares during the period. Shellback Capital LP bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $48,673,000. Siemens Fonds Invest GmbH boosted its position in shares of The Goldman Sachs Group by 224.0% in the fourth quarter. Siemens Fonds Invest GmbH now owns 25,633 shares of the investment management company's stock worth $14,678,000 after purchasing an additional 17,722 shares during the period. Finally, SGL Investment Advisors Inc. bought a new position in shares of The Goldman Sachs Group in the fourth quarter worth approximately $228,000. 71.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Director John B. Hess purchased 3,904 shares of the stock in a transaction dated Tuesday, April 15th. The shares were acquired at an average cost of $511.68 per share, for a total transaction of $1,997,598.72. Following the acquisition, the director now owns 3,904 shares of the company's stock, valued at approximately $1,997,598.72. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.55% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on GS. Evercore ISI dropped their price target on shares of The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating for the company in a research report on Tuesday, April 1st. Morgan Stanley set a $558.00 price target on shares of The Goldman Sachs Group and gave the stock an "equal weight" rating in a research report on Monday, April 7th. JMP Securities lowered their target price on shares of The Goldman Sachs Group from $625.00 to $600.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Oppenheimer downgraded shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. Finally, UBS Group increased their price objective on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a "neutral" rating in a research report on Tuesday, January 21st. Thirteen research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $593.40.

The Goldman Sachs Group Trading Down 2.1%

GS stock traded down $12.96 during trading on Wednesday, hitting $593.56. The company had a trading volume of 2,633,841 shares, compared to its average volume of 2,385,451. 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 market capitalization of $182.13 billion, a P/E ratio of 14.64, a PEG ratio of 0.89 and a beta of 1.32. The company has a 50 day simple moving average of $544.27 and a 200-day simple moving average of $580.66. The Goldman Sachs Group, Inc. has a 52-week low of $437.37 and a 52-week high of $672.19.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its earnings results on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, beating analysts' consensus estimates 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 net margin of 11.32% and a return on equity of 13.30%. During the same quarter last year, the firm posted $11.58 EPS. As a group, research analysts forecast 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 given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Friday, May 30th. The Goldman Sachs Group's dividend payout ratio (DPR) is 27.85%.

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.