Kiltearn Partners LLP lowered its position in shares of Goldman Sachs Group, Inc. (The) (NYSE:GS) by 3.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,548,453 shares of the investment management company’s stock after selling 62,900 shares during the period. Goldman Sachs Group, Inc. (The) accounts for 13.4% of Kiltearn Partners LLP’s portfolio, making the stock its largest position. Kiltearn Partners LLP’s holdings in Goldman Sachs Group, Inc. (The) were worth $370,777,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of GS. BP PLC increased its position in Goldman Sachs Group, Inc. (The) by 22.0% in the second quarter. BP PLC now owns 50,000 shares of the investment management company’s stock worth $7,431,000 after buying an additional 9,000 shares during the period. Boston Private Wealth LLC increased its position in Goldman Sachs Group, Inc. (The) by 1.9% in the second quarter. Boston Private Wealth LLC now owns 5,548 shares of the investment management company’s stock worth $824,000 after buying an additional 102 shares during the period. Yacktman Asset Management LP increased its position in Goldman Sachs Group, Inc. (The) by 1.1% in the second quarter. Yacktman Asset Management LP now owns 281,300 shares of the investment management company’s stock worth $41,796,000 after buying an additional 3,000 shares during the period. Pillar Pacific Capital Management LLC increased its position in Goldman Sachs Group, Inc. (The) by 2.6% in the second quarter. Pillar Pacific Capital Management LLC now owns 29,916 shares of the investment management company’s stock worth $4,445,000 after buying an additional 758 shares during the period. Finally, Ngam Advisors L.P. increased its position in Goldman Sachs Group, Inc. (The) by 0.6% in the second quarter. Ngam Advisors L.P. now owns 140,243 shares of the investment management company’s stock worth $20,837,000 after buying an additional 897 shares during the period. 72.77% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Goldman Sachs Group, Inc. (The) (NYSE:GS)

Shares of Goldman Sachs Group, Inc. (NYSE:GS) opened at 249.44 on Friday. The firm has a market capitalization of $103.47 billion, a PE ratio of 15.31 and a beta of 1.50. Goldman Sachs Group, Inc. has a 52 week low of $138.20 and a 52 week high of $251.95. The firm’s 50-day moving average is $239.54 and its 200 day moving average is $199.48.

Goldman Sachs Group, Inc. (The) (NYSE:GS) last issued its quarterly earnings results on Wednesday, January 18th. The investment management company reported $5.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $4.82 by $0.26. The business had revenue of $8.17 billion for the quarter, compared to analysts’ expectations of $7.80 billion. Goldman Sachs Group, Inc. (The) had a net margin of 24.17% and a return on equity of 9.78%. The business’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.68 earnings per share. On average, equities analysts forecast that Goldman Sachs Group, Inc. will post $19.19 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 30th. Stockholders of record on Thursday, March 2nd will be given a dividend of $0.65 per share. The ex-dividend date is Tuesday, February 28th. This represents a $2.60 annualized dividend and a dividend yield of 1.04%. Goldman Sachs Group, Inc. (The)’s dividend payout ratio is presently 15.89%.

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A number of research analysts have commented on GS shares. Guggenheim raised shares of Goldman Sachs Group, Inc. (The) from a “neutral” rating to a “buy” rating and raised their target price for the company from $174.95 to $175.51 in a research report on Thursday, October 20th. Zacks Investment Research raised shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “buy” rating and set a $195.00 target price on the stock in a research report on Friday, October 21st. BMO Capital Markets reissued a “market perform” rating and set a $214.00 target price (up previously from $200.00) on shares of Goldman Sachs Group, Inc. (The) in a research report on Friday, October 21st. Vetr downgraded shares of Goldman Sachs Group, Inc. (The) from a “hold” rating to a “sell” rating and set a $170.52 target price on the stock. in a research report on Thursday, October 27th. Finally, Citigroup Inc. downgraded shares of Goldman Sachs Group, Inc. (The) from a “buy” rating to a “neutral” rating and raised their target price for the company from $138.20 to $181.48 in a research report on Tuesday, November 8th. Three equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $214.63.

In related news, insider David M. Solomon sold 6,250 shares of the firm’s stock in a transaction that occurred on Tuesday, February 7th. The shares were sold at an average price of $240.08, for a total value of $1,500,500.00. Following the sale, the insider now owns 177,594 shares of the company’s stock, valued at $42,636,767.52. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Edith W. Cooper sold 8,416 shares of the firm’s stock in a transaction that occurred on Wednesday, January 25th. The shares were sold at an average price of $236.00, for a total transaction of $1,986,176.00. Following the completion of the sale, the executive vice president now directly owns 41,966 shares in the company, valued at approximately $9,903,976. The disclosure for this sale can be found here. Insiders have sold 122,991 shares of company stock worth $29,525,948 in the last three months. Corporate insiders own 2.61% of the company’s stock.

About Goldman Sachs Group, Inc. (The)

The Goldman Sachs Group, Inc is a bank holding company and a financial holding company. The Company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Company’s Investment Banking segment provides financial advisory services, which include advisory assignments with respect to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs and risk management.

5 Day Chart for NYSE:GS

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