The Goldman Sachs Group, Inc. (NYSE:GS) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lowered its position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,154,945 shares of the investment management company's stock after selling 19,128 shares during the quarter. Dimensional Fund Advisors LP owned 0.66% of The Goldman Sachs Group worth $831,327,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GS. Migdal Insurance & Financial Holdings Ltd. increased its position in shares of The Goldman Sachs Group by 13.7% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 166,656 shares of the investment management company's stock worth $64,291,000 after acquiring an additional 20,018 shares during the last quarter. HTLF Bank acquired a new stake in The Goldman Sachs Group in the fourth quarter worth approximately $850,000. Wealth Alliance boosted its stake in The Goldman Sachs Group by 17.3% during the fourth quarter. Wealth Alliance now owns 1,035 shares of the investment management company's stock valued at $399,000 after buying an additional 153 shares in the last quarter. Trueblood Wealth Management LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter worth approximately $989,000. Finally, TBH Global Asset Management LLC increased its holdings in shares of The Goldman Sachs Group by 2.0% in the third quarter. TBH Global Asset Management LLC now owns 3,676 shares of the investment management company's stock valued at $1,190,000 after buying an additional 72 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company's stock.

The Goldman Sachs Group Price Performance

Shares of GS traded down $0.83 during mid-day trading on Friday, reaching $454.73. The company had a trading volume of 1,823,943 shares, compared to its average volume of 2,744,462. The Goldman Sachs Group, Inc. has a twelve month low of $289.36 and a twelve month high of $458.75. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.74 and a quick ratio of 0.76. The company's 50-day moving average is $410.47 and its 200-day moving average is $379.33. The company has a market capitalization of $146.63 billion, a P/E ratio of 17.76, a P/E/G ratio of 1.41 and a beta of 1.40.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last released its quarterly earnings results on Monday, April 15th. The investment management company reported $11.58 earnings per share for the quarter, beating analysts' consensus estimates of $8.54 by $3.04. The firm had revenue of $14.21 billion during the quarter, compared to analysts' expectations of $12.94 billion. The Goldman Sachs Group had a return on equity of 8.86% and a net margin of 8.17%. The business's revenue was up 16.1% on a year-over-year basis. During the same period last year, the firm posted $8.79 EPS. On average, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 36.78 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th will be given a $2.75 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $11.00 annualized dividend and a dividend yield of 2.42%. The Goldman Sachs Group's dividend payout ratio is currently 42.95%.

Wall Street Analyst Weigh In

GS has been the subject of several recent analyst reports. Bank of America raised their target price on shares of The Goldman Sachs Group from $450.00 to $478.00 and gave the stock a "buy" rating in a report on Tuesday, April 16th. JMP Securities raised their price objective on shares of The Goldman Sachs Group from $440.00 to $460.00 and gave the stock a "market outperform" rating in a research note on Tuesday, April 9th. Daiwa Capital Markets raised shares of The Goldman Sachs Group from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $410.00 to $430.00 in a research note on Thursday, March 14th. Evercore ISI raised their price objective on shares of The Goldman Sachs Group from $435.00 to $440.00 and gave the stock an "outperform" rating in a research note on Tuesday, April 16th. Finally, Oppenheimer lifted their target price on shares of The Goldman Sachs Group from $479.00 to $517.00 and gave the company an "outperform" rating in a research note on Tuesday, April 30th. Six analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat, The Goldman Sachs Group has a consensus rating of "Moderate Buy" and a consensus target price of $440.57.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $432.25, for a total transaction of $2,161,250.00. Following the transaction, the director now directly owns 623,425 shares in the company, valued at $269,475,456.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $432.25, for a total value of $2,161,250.00. Following the sale, the director now owns 623,425 shares of the company's stock, valued at approximately $269,475,456.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Denis P. Coleman sold 12,680 shares of The Goldman Sachs Group stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $394.43, for a total value of $5,001,372.40. Following the completion of the sale, the chief financial officer now directly owns 29,417 shares in the company, valued at approximately $11,602,947.31. The disclosure for this sale can be found here. Insiders have sold 29,330 shares of company stock worth $11,713,578 in the last three months. Insiders own 0.54% of the company's stock.

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.

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