Barings LLC grew its holdings in Goldman Sachs Group Inc (NYSE:GS) by 73.0% in the 4th quarter, HoldingsChannel reports. The fund owned 31,598 shares of the investment management company’s stock after purchasing an additional 13,330 shares during the quarter. Barings LLC’s holdings in Goldman Sachs Group were worth $8,050,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of GS. Janus Henderson Group PLC boosted its holdings in shares of Goldman Sachs Group by 4,096.0% during the 2nd quarter. Janus Henderson Group PLC now owns 2,475,978 shares of the investment management company’s stock worth $549,415,000 after buying an additional 2,416,970 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Goldman Sachs Group by 47.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 3,602,847 shares of the investment management company’s stock worth $799,472,000 after buying an additional 1,152,869 shares during the period. Balyasny Asset Management LLC boosted its holdings in shares of Goldman Sachs Group by 1,654.0% during the 2nd quarter. Balyasny Asset Management LLC now owns 1,034,680 shares of the investment management company’s stock worth $229,595,000 after buying an additional 975,690 shares during the period. Jennison Associates LLC boosted its holdings in shares of Goldman Sachs Group by 15.1% during the 4th quarter. Jennison Associates LLC now owns 5,538,407 shares of the investment management company’s stock worth $1,410,965,000 after buying an additional 727,698 shares during the period. Finally, Capital World Investors boosted its holdings in shares of Goldman Sachs Group by 10.5% during the 2nd quarter. Capital World Investors now owns 7,649,583 shares of the investment management company’s stock worth $1,697,442,000 after buying an additional 726,582 shares during the period. 73.28% of the stock is owned by institutional investors.

Several analysts recently issued reports on GS shares. BMO Capital Markets upped their price objective on shares of Goldman Sachs Group from $202.00 to $217.00 and gave the stock a “market perform” rating in a report on Wednesday, October 18th. Morgan Stanley upped their price objective on shares of Goldman Sachs Group from $265.00 to $287.00 and gave the stock an “overweight” rating in a report on Wednesday, October 18th. Buckingham Research reissued a “neutral” rating and issued a $250.00 price target (up from $243.00) on shares of Goldman Sachs Group in a report on Wednesday, October 18th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $240.00 price target on shares of Goldman Sachs Group in a report on Thursday, October 19th. Finally, Societe Generale set a $198.00 price target on shares of Goldman Sachs Group and gave the company a “sell” rating in a report on Thursday, October 19th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $256.75.

Goldman Sachs Group Inc (NYSE GS) opened at $262.58 on Thursday. Goldman Sachs Group Inc has a one year low of $209.62 and a one year high of $273.79. The stock has a market cap of $99,050.00, a price-to-earnings ratio of 13.16, a PEG ratio of 0.92 and a beta of 1.37. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 2.82.

Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 17th. The investment management company reported $5.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.90 by $0.78. Goldman Sachs Group had a net margin of 13.36% and a return on equity of 11.47%. The company had revenue of $7.83 billion during the quarter, compared to analysts’ expectations of $7.64 billion. During the same quarter in the prior year, the company posted $5.08 EPS. The business’s revenue was down 4.2% on a year-over-year basis. sell-side analysts forecast that Goldman Sachs Group Inc will post 21.56 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 1st will be paid a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Wednesday, February 28th. Goldman Sachs Group’s dividend payout ratio is 15.03%.

In related news, Chairman Lloyd C. Blankfein sold 20,794 shares of the stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $238.38, for a total transaction of $4,956,873.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Vice Chairman Richard J. Gnodde sold 5,718 shares of the stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $238.99, for a total transaction of $1,366,544.82. The disclosure for this sale can be found here. In the last 90 days, insiders sold 167,843 shares of company stock valued at $41,855,427. Corporate insiders own 2.57% of the company’s stock.

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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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