Cypress Wealth Services LLC acquired a new stake in shares of Goldman Sachs Group Inc (NYSE:GS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 937 shares of the investment management company’s stock, valued at approximately $239,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in GS. Nomura Asset Management Co. Ltd. grew its holdings in shares of Goldman Sachs Group by 9.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 91,950 shares of the investment management company’s stock valued at $21,810,000 after purchasing an additional 7,736 shares in the last quarter. Commonwealth Bank of Australia grew its holdings in shares of Goldman Sachs Group by 5.9% in the third quarter. Commonwealth Bank of Australia now owns 79,023 shares of the investment management company’s stock valued at $18,738,000 after purchasing an additional 4,390 shares in the last quarter. Quantbot Technologies LP grew its holdings in shares of Goldman Sachs Group by 223.8% in the second quarter. Quantbot Technologies LP now owns 39,237 shares of the investment management company’s stock valued at $8,706,000 after purchasing an additional 27,121 shares in the last quarter. Tudor Investment Corp ET AL grew its holdings in shares of Goldman Sachs Group by 29.9% in the second quarter. Tudor Investment Corp ET AL now owns 20,480 shares of the investment management company’s stock valued at $4,545,000 after purchasing an additional 4,714 shares in the last quarter. Finally, YorkBridge Wealth Partners LLC grew its holdings in shares of Goldman Sachs Group by 23.8% in the second quarter. YorkBridge Wealth Partners LLC now owns 792 shares of the investment management company’s stock valued at $180,000 after purchasing an additional 152 shares in the last quarter. 73.52% of the stock is owned by institutional investors and hedge funds.

In other news, Vice Chairman Pablo J. Salame sold 10,000 shares of Goldman Sachs Group stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $270.42, for a total transaction of $2,704,200.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David M. Solomon sold 2,400 shares of Goldman Sachs Group stock in a transaction on Monday, November 13th. The stock was sold at an average price of $238.49, for a total value of $572,376.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 158,414 shares of company stock valued at $39,361,490. Corporate insiders own 2.57% of the company’s stock.

A number of research analysts recently weighed in on GS shares. TheStreet raised shares of Goldman Sachs Group from a “c+” rating to a “b” rating in a report on Friday, October 13th. BMO Capital Markets raised their target price on shares of Goldman Sachs Group from $202.00 to $217.00 and gave the company a “market perform” rating in a report on Wednesday, October 18th. Morgan Stanley raised their target price on shares of Goldman Sachs Group from $265.00 to $287.00 and gave the company an “overweight” rating in a report on Wednesday, October 18th. Buckingham Research reissued a “neutral” rating and issued a $250.00 target price (up from $243.00) on shares of Goldman Sachs Group in a report on Wednesday, October 18th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued 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, sixteen have issued a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $256.75.

Goldman Sachs Group Inc (NYSE GS) opened at $246.35 on Friday. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.90 and a current ratio of 0.90. The company has a market cap of $92,920.00, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 0.93 and a beta of 1.37. Goldman Sachs Group Inc has a one year low of $209.62 and a one year high of $273.79.

Goldman Sachs Group (NYSE:GS) last released its earnings results on Wednesday, January 17th. The investment management company reported $5.68 earnings per share for the quarter, topping the consensus estimate of $4.90 by $0.78. Goldman Sachs Group had a return on equity of 11.47% and a net margin of 13.36%. The business had revenue of $7.83 billion during the quarter, compared to the consensus estimate of $7.64 billion. During the same period last year, the company earned $5.08 earnings per share. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. equities analysts anticipate that Goldman Sachs Group Inc will post 21.56 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, February 28th. This represents a $3.00 annualized dividend and a dividend yield of 1.22%. Goldman Sachs Group’s dividend payout ratio (DPR) is 34.60%.

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About Goldman Sachs Group

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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