Sellwood Investment Partners LLC Makes New Investment in The Goldman Sachs Group, Inc. (NYSE:GS)

Sellwood Investment Partners LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 68 shares of the investment management company’s stock, valued at approximately $39,000.

Several other institutional investors have also recently bought and sold shares of the stock. Banco BTG Pactual S.A. raised its position in shares of The Goldman Sachs Group by 285.0% during the fourth quarter. Banco BTG Pactual S.A. now owns 10,057 shares of the investment management company’s stock worth $5,782,000 after acquiring an additional 7,445 shares during the last quarter. Mizuho Securities Co. Ltd. bought a new stake in The Goldman Sachs Group during the 4th quarter worth about $258,000. TrueMark Investments LLC lifted its position in The Goldman Sachs Group by 8.0% during the 4th quarter. TrueMark Investments LLC now owns 5,740 shares of the investment management company’s stock valued at $3,287,000 after purchasing an additional 425 shares during the period. Financial Engines Advisors L.L.C. bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $914,000. Finally, Financial Counselors Inc. raised its stake in shares of The Goldman Sachs Group by 25.5% during the fourth quarter. Financial Counselors Inc. now owns 3,119 shares of the investment management company’s stock worth $1,786,000 after buying an additional 634 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

NYSE:GS opened at $586.16 on Wednesday. The stock’s 50-day simple moving average is $611.53 and its 200 day simple moving average is $570.61. The Goldman Sachs Group, Inc. has a 52-week low of $387.12 and a 52-week high of $672.19. 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 company has a market cap of $182.90 billion, a P/E ratio of 14.46, a P/E/G ratio of 0.89 and a beta of 1.37.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The business’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $5.48 EPS. As a group, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 2.05%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Analysts Set New Price Targets

A number of research firms have commented on GS. Citigroup lowered their target price on shares of The Goldman Sachs Group from $585.00 to $550.00 and set a “neutral” rating for the company in a report on Monday. Oppenheimer lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Keefe, Bruyette & Woods lowered The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $690.00 to $660.00 in a research report on Thursday, February 27th. Hsbc Global Res lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Finally, Morgan Stanley lowered their target price on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating for the company in a research note on Thursday, March 13th. Ten investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, The Goldman Sachs Group presently has a consensus rating of “Hold” and an average target price of $593.27.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Director Kevin R. Johnson acquired 2,400 shares of The Goldman Sachs Group stock in a transaction dated Friday, January 17th. The stock was bought at an average price of $619.02 per share, for a total transaction of $1,485,648.00. Following the completion of the acquisition, the director now directly owns 2,400 shares in the company, valued at approximately $1,485,648. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kathryn H. Ruemmler sold 7,498 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $634.69, for a total value of $4,758,905.62. Following the transaction, the insider now owns 9,589 shares in the company, valued at approximately $6,086,042.41. This trade represents a 43.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 19,925 shares of company stock worth $12,630,683 over the last 90 days. Company insiders own 0.54% of the company’s stock.

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.