National Pension Service lifted its position in Goldman Sachs Group Inc (NYSE:GS) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 293,022 shares of the investment management company’s stock after buying an additional 3,499 shares during the quarter. National Pension Service’s holdings in Goldman Sachs Group were worth $74,650,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Geller Family Office Services LLC boosted its position in Goldman Sachs Group by 0.3% during the second quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock worth $209,000 after purchasing an additional 3 shares during the period. Hudock Capital Group LLC boosted its position in Goldman Sachs Group by 0.4% during the second quarter. Hudock Capital Group LLC now owns 1,134 shares of the investment management company’s stock worth $251,000 after purchasing an additional 4 shares during the period. FTB Advisors Inc. boosted its position in Goldman Sachs Group by 0.3% during the second quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock worth $360,000 after purchasing an additional 5 shares during the period. King Luther Capital Management Corp boosted its position in Goldman Sachs Group by 0.4% during the second quarter. King Luther Capital Management Corp now owns 1,725 shares of the investment management company’s stock worth $383,000 after purchasing an additional 7 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its position in Goldman Sachs Group by 0.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,245 shares of the investment management company’s stock worth $720,000 after purchasing an additional 9 shares during the period. 73.28% of the stock is owned by hedge funds and other institutional investors.

Goldman Sachs Group Inc (NYSE GS) opened at $258.46 on Wednesday. The company has a market capitalization of $96,952.10, a PE ratio of 13.46, a P/E/G ratio of 0.94 and a beta of 1.47. Goldman Sachs Group Inc has a 52 week low of $209.62 and a 52 week high of $262.14. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Tuesday, October 17th. The investment management company reported $5.02 EPS for the quarter, beating the Zacks’ consensus estimate of $4.17 by $0.85. The business had revenue of $8.33 billion during the quarter, compared to the consensus estimate of $7.59 billion. Goldman Sachs Group had a return on equity of 11.34% and a net margin of 26.42%. Goldman Sachs Group’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.88 earnings per share. equities analysts expect that Goldman Sachs Group Inc will post 18.98 EPS for the current year.

GS has been the subject of a number of research analyst reports. Vertical Group raised shares of Goldman Sachs Group from a “sell” rating to a “hold” rating in a research report on Friday, December 8th. Bank of America lifted their target price on Goldman Sachs Group from $290.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Wells Fargo & Co reissued an “outperform” rating and set a $295.00 target price (up previously from $265.00) on shares of Goldman Sachs Group in a report on Wednesday, December 20th. Morgan Stanley lifted their target price on Goldman Sachs Group from $265.00 to $287.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $240.00 target price on shares of Goldman Sachs Group in a report on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $250.89.

In other Goldman Sachs Group news, Director David A. Viniar sold 7,393 shares of the business’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $245.18, for a total transaction of $1,812,615.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David M. Solomon sold 12,707 shares of the business’s stock in a transaction dated Friday, November 24th. The stock was sold at an average price of $237.94, for a total value of $3,023,503.58. The disclosure for this sale can be found here. In the last ninety days, insiders sold 130,226 shares of company stock valued at $31,247,168. 2.57% of the stock is owned by insiders.

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Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

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Institutional Ownership by Quarter for Goldman Sachs Group (NYSE:GS)

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