Private Trust Co. NA increased its position in Goldman Sachs Group Inc (NYSE:GS) by 5.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,605 shares of the investment management company’s stock after buying an additional 301 shares during the quarter. Private Trust Co. NA’s holdings in Goldman Sachs Group were worth $1,427,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in GS. KCS Wealth Advisory acquired a new position in Goldman Sachs Group during the fourth quarter valued at $773,000. Trust Co raised its position in Goldman Sachs Group by 29.5% during the third quarter. Trust Co now owns 6,972 shares of the investment management company’s stock valued at $1,654,000 after buying an additional 1,588 shares during the period. First American Trust FSB raised its position in Goldman Sachs Group by 22.3% during the fourth quarter. First American Trust FSB now owns 23,582 shares of the investment management company’s stock valued at $6,008,000 after buying an additional 4,300 shares during the period. Patriot Wealth Management Inc. raised its position in Goldman Sachs Group by 1.6% during the fourth quarter. Patriot Wealth Management Inc. now owns 26,961 shares of the investment management company’s stock valued at $6,868,000 after buying an additional 418 shares during the period. Finally, Grassi Investment Management raised its position in Goldman Sachs Group by 2.7% during the fourth quarter. Grassi Investment Management now owns 23,495 shares of the investment management company’s stock valued at $5,986,000 after buying an additional 625 shares during the period. Institutional investors and hedge funds own 73.28% of the company’s stock.

Shares of Goldman Sachs Group Inc (NYSE:GS) traded up $1.90 during mid-day trading on Tuesday, hitting $257.03. The company’s stock had a trading volume of 2,849,000 shares, compared to its average volume of 2,688,967. 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 Inc has a 52 week low of $209.62 and a 52 week high of $262.14. The company has a market cap of $97,500.00, a P/E ratio of 13.35, a P/E/G ratio of 0.94 and a beta of 1.47.

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

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 28th. Shareholders of record on Thursday, November 30th were given a $0.75 dividend. The ex-dividend date of this dividend was Wednesday, November 29th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.17%. Goldman Sachs Group’s dividend payout ratio is currently 15.58%.

In other Goldman Sachs Group news, insider David M. Solomon sold 12,707 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $237.94, for a total value of $3,023,503.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider David M. Solomon sold 2,400 shares of the firm’s stock in a transaction that occurred 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. Insiders sold a total of 135,177 shares of company stock valued at $32,435,160 in the last quarter. Corporate insiders own 2.57% of the company’s stock.

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

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Goldman Sachs Group 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.

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

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