U.S. Capital Wealth Advisors LLC Has $5.09 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

U.S. Capital Wealth Advisors LLC boosted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 58.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 13,189 shares of the investment management company’s stock after purchasing an additional 4,882 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in The Goldman Sachs Group were worth $5,088,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Morgan Stanley increased its holdings in shares of The Goldman Sachs Group by 7.8% during the 3rd quarter. Morgan Stanley now owns 5,693,331 shares of the investment management company’s stock worth $1,842,192,000 after acquiring an additional 412,383 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of The Goldman Sachs Group by 2.8% during the 4th quarter. Fisher Asset Management LLC now owns 5,518,035 shares of the investment management company’s stock worth $2,128,693,000 after buying an additional 152,474 shares during the period. Northern Trust Corp raised its holdings in The Goldman Sachs Group by 3.2% in the 3rd quarter. Northern Trust Corp now owns 3,339,851 shares of the investment management company’s stock valued at $1,080,676,000 after acquiring an additional 104,424 shares during the period. Invesco Ltd. lifted its position in The Goldman Sachs Group by 6.1% during the third quarter. Invesco Ltd. now owns 2,792,239 shares of the investment management company’s stock worth $903,485,000 after acquiring an additional 159,512 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of The Goldman Sachs Group by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,848,113 shares of the investment management company’s stock worth $597,994,000 after acquiring an additional 19,920 shares during the period. Institutional investors own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Bank of America boosted their price target on The Goldman Sachs Group from $450.00 to $478.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. upped their price target on shares of The Goldman Sachs Group from $424.00 to $433.00 and gave the company an “overweight” rating in a research note on Tuesday, April 16th. Morgan Stanley raised shares of The Goldman Sachs Group from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $333.00 to $449.00 in a report on Tuesday, January 30th. Argus raised shares of The Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $465.00 target price on the stock in a report on Tuesday, April 16th. Finally, JMP Securities increased their price target on The Goldman Sachs Group from $440.00 to $460.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 9th. Six analysts have rated the stock with a hold rating and fifteen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $437.04.

The Goldman Sachs Group Trading Up 1.3 %

Shares of The Goldman Sachs Group stock traded up $5.61 during trading on Friday, hitting $438.18. The company’s stock had a trading volume of 2,406,445 shares, compared to its average volume of 2,599,859. The stock has a market cap of $142.20 billion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 1.36 and a beta of 1.40. The Goldman Sachs Group, Inc. has a 52 week low of $289.36 and a 52 week high of $442.30. The stock has a 50-day moving average price of $404.59 and a two-hundred day moving average price of $374.23. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.12 and a quick ratio of 0.76.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, April 15th. The investment management company reported $11.58 earnings per share for the quarter, beating analysts’ consensus estimates of $8.54 by $3.04. The Goldman Sachs Group had a net margin of 8.17% and a return on equity of 8.65%. The business had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $12.94 billion. During the same quarter in the prior year, the firm posted $8.79 EPS. The company’s revenue for the quarter was up 16.1% compared to the same quarter last year. Equities research analysts anticipate that The Goldman Sachs Group, Inc. will post 36.07 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Thursday, May 30th will be paid a dividend of $2.75 per share. This represents a $11.00 annualized dividend and a yield of 2.51%. The ex-dividend date of this dividend is Thursday, May 30th. The Goldman Sachs Group’s dividend payout ratio is presently 42.95%.

Insiders Place Their Bets

In other news, Treasurer Philip R. Berlinski sold 11,650 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $390.64, for a total value of $4,550,956.00. Following the completion of the sale, the treasurer now directly owns 18,408 shares in the company, valued at approximately $7,190,901.12. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other The Goldman Sachs Group news, Treasurer Philip R. Berlinski sold 11,650 shares of the business’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $390.64, for a total transaction of $4,550,956.00. Following the completion of the sale, the treasurer now owns 18,408 shares in the company, valued at approximately $7,190,901.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $432.25, for a total value of $2,161,250.00. Following the transaction, the director now owns 623,425 shares of the company’s stock, valued at approximately $269,475,456.25. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,330 shares of company stock worth $11,713,578. 0.54% of the stock is currently owned by company insiders.

The Goldman Sachs Group Company Profile

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 Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.