5,201 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Bought by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. bought a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 5,201 shares of the investment management company's stock, valued at approximately $2,978,000.

A number of other large investors have also added to or reduced their stakes in GS. Fiduciary Alliance LLC boosted its stake in shares of The Goldman Sachs Group by 53.3% in the fourth quarter. Fiduciary Alliance LLC now owns 1,269 shares of the investment management company's stock valued at $727,000 after buying an additional 441 shares during the period. CHICAGO TRUST Co NA raised its holdings in The Goldman Sachs Group by 3.6% in the 4th quarter. CHICAGO TRUST Co NA now owns 953 shares of the investment management company's stock valued at $546,000 after acquiring an additional 33 shares in the last quarter. Pallas Capital Advisors LLC lifted its position in shares of The Goldman Sachs Group by 1.3% during the 4th quarter. Pallas Capital Advisors LLC now owns 1,598 shares of the investment management company's stock valued at $915,000 after acquiring an additional 21 shares during the period. Benson Investment Management Company Inc. acquired a new stake in shares of The Goldman Sachs Group during the 4th quarter worth $5,905,000. Finally, Wright Investors Service Inc. increased its position in shares of The Goldman Sachs Group by 0.7% in the fourth quarter. Wright Investors Service Inc. now owns 3,772 shares of the investment management company's stock worth $2,160,000 after purchasing an additional 26 shares during the period. Institutional investors own 71.21% of the company's stock.

Insiders Place Their Bets

In other news, Director John B. Hess bought 3,904 shares of The Goldman Sachs Group stock in a transaction dated 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.55% of the company's stock.

The Goldman Sachs Group Stock Up 0.5%

Shares of GS traded up $3.01 during trading hours on Friday, hitting $618.91. The stock had a trading volume of 2,018,441 shares, compared to its average volume of 2,385,125. 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 Goldman Sachs Group, Inc. has a 1-year low of $437.37 and a 1-year high of $672.19. The firm has a 50 day simple moving average of $539.36 and a 200-day simple moving average of $578.37. The firm has a market capitalization of $189.91 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.57 by $1.55. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business had revenue of $15.06 billion during the quarter, compared to the consensus estimate of $14.99 billion. During the same quarter last year, the firm posted $11.58 EPS. Sell-side analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business 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 dividend of $3.00 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $12.00 dividend on an annualized basis and a yield of 1.94%. The Goldman Sachs Group's dividend payout ratio (DPR) is currently 27.85%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. UBS Group lifted their target price on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 21st. JMP Securities reduced their price objective on shares of The Goldman Sachs Group from $625.00 to $600.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. Evercore ISI decreased their price objective on The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating for the company in a report on Tuesday, April 1st. Wells Fargo & Company cut their target price on The Goldman Sachs Group from $680.00 to $650.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Finally, Citigroup decreased their price target on The Goldman Sachs Group from $585.00 to $550.00 and set a "neutral" rating for the company in a research note on Monday, March 24th. Thirteen research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus 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.