Seizert Capital Partners LLC Has $86.08 Million Holdings in The Goldman Sachs Group, Inc. $GS

Seizert Capital Partners LLC reduced its stake in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 1.8% during the fourth quarter, HoldingsChannel reports. The firm owned 97,931 shares of the investment management company’s stock after selling 1,807 shares during the quarter. The Goldman Sachs Group accounts for about 3.6% of Seizert Capital Partners LLC’s investment portfolio, making the stock its largest holding. Seizert Capital Partners LLC’s holdings in The Goldman Sachs Group were worth $86,081,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in The Goldman Sachs Group by 1.5% in the fourth quarter. Vanguard Group Inc. now owns 29,014,431 shares of the investment management company’s stock valued at $25,503,685,000 after buying an additional 418,820 shares in the last quarter. Fisher Asset Management LLC increased its holdings in shares of The Goldman Sachs Group by 1.9% during the third quarter. Fisher Asset Management LLC now owns 6,661,422 shares of the investment management company’s stock worth $5,304,824,000 after buying an additional 121,676 shares in the last quarter. Invesco Ltd. lifted its stake in shares of The Goldman Sachs Group by 3.5% in the 3rd quarter. Invesco Ltd. now owns 2,913,172 shares of the investment management company’s stock valued at $2,319,905,000 after acquiring an additional 97,387 shares during the last quarter. Legal & General Group Plc boosted its holdings in shares of The Goldman Sachs Group by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 2,110,119 shares of the investment management company’s stock valued at $1,680,393,000 after acquiring an additional 28,642 shares in the last quarter. Finally, Wellington Management Group LLP boosted its holdings in shares of The Goldman Sachs Group by 110.8% during the 3rd quarter. Wellington Management Group LLP now owns 1,780,620 shares of the investment management company’s stock valued at $1,417,997,000 after acquiring an additional 936,015 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Trading Down 0.0%

NYSE GS opened at $923.32 on Monday. The firm has a market capitalization of $272.37 billion, a PE ratio of 16.87, a price-to-earnings-growth ratio of 1.19 and a beta of 1.28. The business’s 50-day moving average price is $869.26 and its two-hundred day moving average price is $867.57. The company has a current ratio of 1.10, a quick ratio of 0.66 and a debt-to-equity ratio of 2.56. The Goldman Sachs Group, Inc. has a 12 month low of $547.06 and a 12 month high of $984.70.

The Goldman Sachs Group (NYSE:GSGet Free Report) last issued its earnings results on Monday, April 13th. The investment management company reported $17.55 earnings per share for the quarter, topping analysts’ consensus estimates of $15.92 by $1.63. The business had revenue of $17.23 billion during the quarter, compared to the consensus estimate of $16.66 billion. The Goldman Sachs Group had a return on equity of 16.02% and a net margin of 14.13%.The firm’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the previous year, the company posted $14.12 earnings per share. On average, analysts expect that The Goldman Sachs Group, Inc. will post 59.53 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 1st will be paid a $4.50 dividend. This represents a $18.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is 32.89%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on GS. Bank of America lowered their target price on The Goldman Sachs Group from $1,100.00 to $1,050.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Argus boosted their price target on The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a report on Friday, January 16th. Rothschild & Co Redburn upped their price objective on The Goldman Sachs Group from $839.00 to $870.00 and gave the company a “neutral” rating in a research note on Friday, April 17th. HSBC dropped their price objective on shares of The Goldman Sachs Group from $802.00 to $729.00 in a report on Wednesday, April 1st. Finally, UBS Group reissued a “neutral” rating and set a $930.00 target price on shares of The Goldman Sachs Group in a report on Monday, April 13th. Nine investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $922.71.

View Our Latest Stock Report on GS

Insider Activity

In other news, EVP John F.W. Rogers sold 13,151 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $959.03, for a total value of $12,612,203.53. Following the completion of the sale, the executive vice president directly owned 39,007 shares of the company’s stock, valued at $37,408,883.21. This represents a 25.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Alex S. Golten sold 1,200 shares of The Goldman Sachs Group stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $933.30, for a total value of $1,119,960.00. Following the transaction, the insider directly owned 4,809 shares in the company, valued at approximately $4,488,239.70. The trade was a 19.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 32,001 shares of company stock worth $30,367,306 over the last three months. 0.55% of the stock is currently owned by insiders.

The Goldman Sachs Group News Summary

Here are the key news stories impacting The Goldman Sachs Group this week:

The Goldman Sachs Group Company Profile

(Free Report)

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.

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

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