813 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Purchased by Sulzberger Capital Advisors Inc.

Sulzberger Capital Advisors Inc. acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 813 shares of the investment management company's stock, valued at approximately $466,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Morse Asset Management Inc bought a new position in shares of The Goldman Sachs Group in the third quarter valued at $911,000. SkyView Investment Advisors LLC raised its holdings in The Goldman Sachs Group by 8.8% during the 3rd quarter. SkyView Investment Advisors LLC now owns 3,553 shares of the investment management company's stock worth $1,759,000 after buying an additional 286 shares during the period. Chelsea Counsel Co. boosted its holdings in shares of The Goldman Sachs Group by 400.0% in the third quarter. Chelsea Counsel Co. now owns 375 shares of the investment management company's stock worth $186,000 after buying an additional 300 shares during the period. Tudor Financial Inc. purchased a new position in shares of The Goldman Sachs Group in the third quarter worth approximately $228,000. Finally, Anchor Investment Management LLC boosted its stake in The Goldman Sachs Group by 29.1% in the 3rd quarter. Anchor Investment Management LLC now owns 4,230 shares of the investment management company's stock worth $2,094,000 after purchasing an additional 953 shares during the period. Institutional investors own 71.21% of the company's stock.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock traded down $6.82 during trading on Tuesday, reaching $552.74. The company's stock had a trading volume of 1,462,714 shares, compared to its average volume of 2,368,865. The business's fifty day moving average price is $539.53 and its 200-day moving average price is $575.66. The Goldman Sachs Group, Inc. has a one year low of $437.37 and a one year high of $672.19. The firm has a market cap of $172.48 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67.

The Goldman Sachs Group (NYSE:GS - Get Free Report) last posted its quarterly earnings data on Monday, April 14th. The investment management company reported $14.12 earnings per share for the quarter, beating the consensus estimate of $12.57 by $1.55. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The company had revenue of $15.06 billion during the quarter, compared to analysts' expectations of $14.99 billion. During the same period in the prior year, the business earned $11.58 earnings per share. As a group, equities research analysts predict 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 announced a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date of this dividend is Friday, May 30th. The Goldman Sachs Group's dividend payout ratio (DPR) is presently 27.85%.

Analyst Ratings Changes

GS has been the topic of several research analyst reports. Daiwa America cut The Goldman Sachs Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Evercore ISI lowered their price objective on shares of The Goldman Sachs Group from $660.00 to $594.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 1st. JPMorgan Chase & Co. decreased their target price on shares of The Goldman Sachs Group from $625.00 to $614.00 and set an "overweight" rating for the company in a research note on Thursday, April 3rd. Morgan Stanley set a $558.00 price objective on The Goldman Sachs Group and gave the stock an "equal weight" rating in a report on Monday, April 7th. Finally, Wells Fargo & Company lowered their target price on The Goldman Sachs Group from $680.00 to $650.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 15th. Thirteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $593.40.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group 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 approximately $1,997,598.72. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.55% of the company's stock.

About The Goldman Sachs Group

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.