The Goldman Sachs Group, Inc. (NYSE:GS) Stock Holdings Raised by Whipplewood Advisors LLC

Whipplewood Advisors LLC raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 96,078.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 56,745 shares of the investment management company's stock after buying an additional 56,686 shares during the quarter. The Goldman Sachs Group comprises about 9.4% of Whipplewood Advisors LLC's investment portfolio, making the stock its 2nd biggest holding. Whipplewood Advisors LLC's holdings in The Goldman Sachs Group were worth $30,999,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Stephens Consulting LLC bought a new position in shares of The Goldman Sachs Group during the fourth quarter valued at $26,000. Asset Planning Inc purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at $29,000. Curio Wealth LLC purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at $30,000. Transce3nd LLC purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at $31,000. Finally, Mascagni Wealth Management Inc. purchased a new stake in The Goldman Sachs Group during the fourth quarter valued at $31,000. Hedge funds and other institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS traded up $8.61 during mid-day trading on Friday, reaching $614.49. The company's stock had a trading volume of 1,675,612 shares, compared to its average volume of 2,372,395. The firm has a market capitalization of $188.55 billion, a PE ratio of 15.15, a P/E/G ratio of 0.89 and a beta of 1.32. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a fifty day moving average of $555.71 and a two-hundred day moving average of $582.82. 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 released its quarterly earnings data on Monday, April 14th. The investment management company reported $14.12 earnings per share for the quarter, topping analysts' consensus estimates of $12.57 by $1.55. The firm had revenue of $15.06 billion during the quarter, compared to analyst estimates 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 in the prior year, the company posted $11.58 earnings per share. As a group, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be given a $3.00 dividend. The ex-dividend date is Friday, May 30th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.95%. The Goldman Sachs Group's dividend payout ratio is currently 27.85%.

Insider Buying and Selling

In related news, Director John B. Hess acquired 3,904 shares of the firm's stock in a transaction on 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 completion of the transaction, the director now directly 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.55% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently commented on GS shares. Evercore ISI reduced their price objective on 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. JPMorgan Chase & Co. reduced their price objective on The Goldman Sachs Group from $625.00 to $614.00 and set an "overweight" rating for the company in a research report on Thursday, April 3rd. Keefe, Bruyette & Woods cut The Goldman Sachs Group from an "outperform" rating to a "market perform" rating and reduced their price objective for the company from $690.00 to $660.00 in a research report on Thursday, February 27th. Barclays reduced their price objective on The Goldman Sachs Group from $760.00 to $720.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Finally, Citigroup reduced their price objective 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 equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $593.40.

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.