Compagnie Lombard Odier SCmA Buys 475 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Compagnie Lombard Odier SCmA increased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 4.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,196 shares of the investment management company's stock after acquiring an additional 475 shares during the quarter. Compagnie Lombard Odier SCmA's holdings in The Goldman Sachs Group were worth $6,663,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Planning Inc bought a new position in The Goldman Sachs Group during the 4th quarter worth approximately $29,000. Curio Wealth LLC bought a new position in The Goldman Sachs Group during the 4th quarter worth approximately $30,000. Godsey & Gibb Inc. boosted its stake in The Goldman Sachs Group by 170.0% during the 1st quarter. Godsey & Gibb Inc. now owns 54 shares of the investment management company's stock worth $30,000 after acquiring an additional 34 shares during the last quarter. Transce3nd LLC bought a new position in The Goldman Sachs Group during the 4th quarter worth approximately $31,000. Finally, Mascagni Wealth Management Inc. bought a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $31,000. Institutional investors own 71.21% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. JMP Securities reduced their price target on shares of The Goldman Sachs Group from $625.00 to $600.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Barclays reduced their price target on shares of The Goldman Sachs Group from $760.00 to $720.00 and set an "overweight" rating for the company in a report on Tuesday, April 15th. Royal Bank of Canada reduced their price target 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, April 15th. Daiwa America cut shares of The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. Finally, Keefe, Bruyette & Woods cut shares of The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and reduced their price target for the company from $690.00 to $660.00 in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $593.40.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Director John B. Hess purchased 3,904 shares of the business's stock in a transaction on Tuesday, April 15th. The stock was purchased 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 directly owns 3,904 shares in the company, valued at $1,997,598.72. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Stock Down 1.9%

Shares of GS stock traded down $12.04 during trading on Friday, reaching $613.07. The company's stock had a trading volume of 1,674,605 shares, compared to its average volume of 2,373,273. The business has a fifty day moving average price of $568.13 and a 200-day moving average price of $583.21. 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 has a market cap of $188.12 billion, a price-to-earnings ratio of 15.12, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32. The Goldman Sachs Group, Inc. has a one year low of $437.37 and a one year high of $672.19.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last announced its quarterly earnings data on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, topping analysts' consensus estimates of $12.57 by $1.55. The business had revenue of $15.06 billion for the quarter, compared to analyst estimates 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 in the previous year, the firm posted $11.58 earnings per share. Analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared 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. This represents a $12.00 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date is Friday, May 30th. The Goldman Sachs Group's dividend payout ratio is currently 27.85%.

The Goldman Sachs Group 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.