Grantham Mayo Van Otterloo & Co. LLC Has $34.79 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Grantham Mayo Van Otterloo & Co. LLC decreased its stake in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 38.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,753 shares of the investment management company's stock after selling 37,775 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC's holdings in The Goldman Sachs Group were worth $34,788,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of GS. Aviva PLC lifted its holdings in shares of The Goldman Sachs Group by 15.6% in the fourth quarter. Aviva PLC now owns 190,128 shares of the investment management company's stock valued at $108,871,000 after purchasing an additional 25,714 shares in the last quarter. Oarsman Capital Inc. lifted its stake in The Goldman Sachs Group by 1.9% in the 4th quarter. Oarsman Capital Inc. now owns 5,317 shares of the investment management company's stock worth $3,045,000 after acquiring an additional 97 shares in the last quarter. KCM Investment Advisors LLC grew its stake in The Goldman Sachs Group by 2.5% during the 4th quarter. KCM Investment Advisors LLC now owns 6,569 shares of the investment management company's stock valued at $3,762,000 after acquiring an additional 163 shares in the last quarter. Resona Asset Management Co. Ltd. acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $52,574,000. Finally, Leeward Financial Partners LLC increased its holdings in shares of The Goldman Sachs Group by 9.0% in the 4th quarter. Leeward Financial Partners LLC now owns 9,254 shares of the investment management company's stock valued at $5,299,000 after purchasing an additional 766 shares during the period. Hedge funds and other institutional investors own 71.21% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on GS. JPMorgan Chase & Co. lowered their price objective on shares of The Goldman Sachs Group from $625.00 to $614.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. 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. Barclays increased their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an "overweight" rating in a report on Thursday, January 16th. Oppenheimer downgraded The Goldman Sachs Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Finally, JMP Securities cut their price target on The Goldman Sachs Group from $625.00 to $600.00 and set a "market outperform" rating for the company in a research note on Tuesday. Thirteen analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, The Goldman Sachs Group currently has an average rating of "Hold" and an average price target of $586.00.

Insiders Place Their Bets

In related news, Treasurer Carey Halio sold 1,545 shares of the company's stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $624.67, for a total value of $965,115.15. Following the completion of the transaction, the treasurer now directly owns 8,192 shares in the company, valued at approximately $5,117,296.64. This represents a 15.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kevin R. Johnson purchased 2,400 shares of the stock in a transaction on Friday, January 17th. The stock was acquired at an average cost of $619.02 per share, for a total transaction of $1,485,648.00. Following the acquisition, the director now directly owns 2,400 shares in the company, valued at approximately $1,485,648. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 19,925 shares of company stock valued at $12,630,683 in the last three months. Company insiders own 0.55% of the company's stock.

The Goldman Sachs Group Stock Performance

Shares of NYSE GS traded up $55.72 during trading hours on Wednesday, hitting $517.94. 7,019,635 shares of the stock were exchanged, compared to its average volume of 2,376,253. The Goldman Sachs Group, Inc. has a one year low of $387.12 and a one year high of $672.19. The company's 50 day moving average is $582.13 and its 200 day moving average is $572.44. 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 firm has a market capitalization of $161.62 billion, a P/E ratio of 12.77, a P/E/G ratio of 0.89 and a beta of 1.33.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion during the quarter, compared to analysts' expectations of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business's quarterly revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the company earned $5.48 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were issued a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Friday, February 28th. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 29.59%.

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.