Marshall Investment Management LLC Invests $160,000 in The Goldman Sachs Group, Inc. (NYSE:GS)

Marshall Investment Management LLC bought a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 279 shares of the investment management company’s stock, valued at approximately $160,000.

Several other large investors have also recently modified their holdings of GS. First Horizon Advisors Inc. increased its holdings in The Goldman Sachs Group by 3.0% during the 4th quarter. First Horizon Advisors Inc. now owns 1,869 shares of the investment management company’s stock worth $1,071,000 after acquiring an additional 55 shares during the period. Pinnacle Financial Partners Inc increased its holdings in The Goldman Sachs Group by 3.6% during the 4th quarter. Pinnacle Financial Partners Inc now owns 4,675 shares of the investment management company’s stock worth $2,512,000 after acquiring an additional 163 shares during the period. Callan Capital LLC increased its holdings in The Goldman Sachs Group by 5.2% during the 4th quarter. Callan Capital LLC now owns 958 shares of the investment management company’s stock worth $548,000 after acquiring an additional 47 shares during the period. Leuthold Group LLC increased its holdings in The Goldman Sachs Group by 10.9% during the 4th quarter. Leuthold Group LLC now owns 18,710 shares of the investment management company’s stock worth $10,714,000 after acquiring an additional 1,839 shares during the period. Finally, Peregrine Asset Advisers Inc. increased its holdings in The Goldman Sachs Group by 3.9% during the 4th quarter. Peregrine Asset Advisers Inc. now owns 822 shares of the investment management company’s stock worth $471,000 after acquiring an additional 31 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Activity

In related news, insider Alex S. Golten sold 5,208 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total value of $3,313,590.00. Following the transaction, the insider now owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. This trade represents a 59.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Sheara J. Fredman sold 2,034 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $627.01, for a total transaction of $1,275,338.34. Following the completion of the transaction, the chief accounting officer now directly owns 6,455 shares in the company, valued at approximately $4,047,349.55. The trade was a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,475 shares of company stock valued at $19,692,543 in the last 90 days. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on GS. Oppenheimer cut their price target on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. JPMorgan Chase & Co. upped their price objective on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Keefe, Bruyette & Woods increased their price target on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the company an “outperform” rating in a research report on Thursday, January 16th. HSBC cut shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating and increased their price target for the company from $569.00 to $608.00 in a research report on Tuesday, November 26th. Finally, Wells Fargo & Company upped their price objective on shares of The Goldman Sachs Group from $680.00 to $720.00 and gave the stock an “overweight” rating in a report on Wednesday. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of “Moderate Buy” and an average target price of $593.56.

The Goldman Sachs Group Stock Down 2.6 %

NYSE:GS opened at $625.70 on Friday. The firm has a market cap of $195.24 billion, a P/E ratio of 15.43, a P/E/G ratio of 0.89 and a beta of 1.39. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67. The Goldman Sachs Group, Inc. has a fifty-two week low of $381.42 and a fifty-two week high of $672.19. The firm has a 50-day simple moving average of $611.58 and a two-hundred day simple moving average of $558.32.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The business had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The Goldman Sachs Group’s revenue was up 22.5% compared to the same quarter last year. During the same period last year, the business earned $5.48 EPS. Analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is presently 29.59%.

The Goldman Sachs Group 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.