SC&H Financial Advisors Inc. Has $387,000 Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

SC&H Financial Advisors Inc. grew its position in shares of The Goldman Sachs Group, Inc. (NYSE:GSGet Rating) by 61.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,174 shares of the investment management company’s stock after buying an additional 448 shares during the quarter. SC&H Financial Advisors Inc.’s holdings in The Goldman Sachs Group were worth $387,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of GS. Norges Bank bought a new position in The Goldman Sachs Group during the fourth quarter worth about $808,203,000. State Street Corp raised its position in shares of The Goldman Sachs Group by 2.9% during the fourth quarter. State Street Corp now owns 21,484,443 shares of the investment management company’s stock worth $8,218,874,000 after purchasing an additional 600,643 shares during the period. BlackRock Inc. grew its position in shares of The Goldman Sachs Group by 2.5% in the 4th quarter. BlackRock Inc. now owns 23,795,472 shares of the investment management company’s stock valued at $9,102,958,000 after purchasing an additional 570,001 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in The Goldman Sachs Group by 615.6% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 449,631 shares of the investment management company’s stock worth $172,006,000 after purchasing an additional 386,799 shares in the last quarter. Finally, Jennison Associates LLC lifted its stake in The Goldman Sachs Group by 13.5% in the fourth quarter. Jennison Associates LLC now owns 2,759,138 shares of the investment management company’s stock valued at $1,055,508,000 after buying an additional 327,381 shares in the last quarter. Institutional investors and hedge funds own 71.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. BMO Capital Markets dropped their target price on The Goldman Sachs Group from $475.00 to $461.00 in a report on Tuesday, July 19th. Barclays reduced their price objective on The Goldman Sachs Group from $505.00 to $450.00 and set an “overweight” rating for the company in a report on Tuesday, July 19th. Royal Bank of Canada reduced their price target on The Goldman Sachs Group from $390.00 to $370.00 and set a “sector perform” rating for the company in a research note on Friday, July 1st. Piper Sandler decreased their price target on shares of The Goldman Sachs Group from $430.00 to $410.00 and set an “overweight” rating on the stock in a research note on Friday, July 1st. Finally, Citigroup dropped their price objective on The Goldman Sachs Group from $400.00 to $360.00 in a report on Tuesday, July 12th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $413.92.

The Goldman Sachs Group Stock Down 0.3 %

GS traded down $1.02 during midday trading on Wednesday, reaching $353.95. 45,982 shares of the company were exchanged, compared to its average volume of 2,316,229. The company has a market cap of $120.82 billion, a price-to-earnings ratio of 7.98, a price-to-earnings-growth ratio of 0.81 and a beta of 1.39. The Goldman Sachs Group, Inc. has a one year low of $277.84 and a one year high of $426.16. The company’s fifty day moving average price is $310.34 and its 200 day moving average price is $323.81. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.87 and a current ratio of 0.87.

The Goldman Sachs Group (NYSE:GSGet Rating) last released its quarterly earnings results on Monday, July 18th. The investment management company reported $7.73 earnings per share for the quarter, beating analysts’ consensus estimates of $6.61 by $1.12. The Goldman Sachs Group had a net margin of 27.75% and a return on equity of 15.89%. The company had revenue of $11.86 billion for the quarter, compared to analyst estimates of $10.70 billion. During the same period last year, the firm earned $15.02 earnings per share. The firm’s revenue was down 22.9% on a year-over-year basis. As a group, analysts expect that The Goldman Sachs Group, Inc. will post 34.33 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, August 10th. Shareholders of record on Tuesday, July 26th were given a $2.50 dividend. The ex-dividend date was Monday, July 25th. The Goldman Sachs Group’s dividend payout ratio is 18.09%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Philip R. Berlinski sold 8,000 shares of the firm’s stock in a transaction on Wednesday, August 10th. The stock was sold at an average price of $348.62, for a total value of $2,788,960.00. Following the completion of the sale, the treasurer now directly owns 13,745 shares of the company’s stock, valued at $4,791,781.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Goldman Sachs Group Inc sold 13,818 shares of the company’s stock in a transaction that occurred on Monday, May 23rd. The shares were sold at an average price of $19.18, for a total value of $265,029.24. Following the transaction, the director now directly owns 2,910,205 shares in the company, valued at $55,817,731.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Treasurer Philip R. Berlinski sold 8,000 shares of the firm’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $348.62, for a total value of $2,788,960.00. Following the sale, the treasurer now owns 13,745 shares in the company, valued at approximately $4,791,781.90. The disclosure for this sale can be found here. Insiders have sold a total of 1,238,195 shares of company stock worth $26,740,631 over the last three months. 0.57% of the stock is currently owned by insiders.

The Goldman Sachs Group Profile

(Get Rating)

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 four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management.

See Also

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

Receive News & Ratings for The Goldman Sachs Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Goldman Sachs Group and related companies with MarketBeat.com's FREE daily email newsletter.