4,971 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Acquired by U S Wealth Group LLC.

U S Wealth Group LLC. purchased a new position in The Goldman Sachs Group, Inc. (NYSE:GS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,971 shares of the investment management company’s stock, valued at approximately $2,846,000. The Goldman Sachs Group comprises approximately 2.2% of U S Wealth Group LLC.’s investment portfolio, making the stock its 14th biggest position.

A number of other large investors have also modified their holdings of the business. Stephens Consulting LLC acquired a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $26,000. Asset Planning Inc purchased a new position in The Goldman Sachs Group in the 4th quarter valued at about $29,000. Curio Wealth LLC purchased a new position in The Goldman Sachs Group in the 4th quarter valued at $30,000. Whipplewood Advisors LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at about $34,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in The Goldman Sachs Group during the fourth quarter worth approximately $37,000. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on GS. Wells Fargo & Company reduced their price target on shares of The Goldman Sachs Group from $720.00 to $680.00 and set an “overweight” rating on the stock in a research report on Friday, March 28th. Evercore ISI lowered their price target on The Goldman Sachs Group from $660.00 to $594.00 and set an “outperform” rating for the company in a research report on Tuesday, April 1st. UBS Group raised their price target on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the company a “neutral” rating in a research report on Tuesday, January 21st. Citigroup reduced their target price on shares of The Goldman Sachs Group from $585.00 to $550.00 and set a “neutral” rating on the stock in a report on Monday, March 24th. Finally, Barclays upped their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $589.19.

The Goldman Sachs Group Stock Performance

NYSE:GS opened at $469.57 on Monday. The firm has a 50 day simple moving average of $597.54 and a 200-day simple moving average of $573.99. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market cap of $146.52 billion, a PE ratio of 11.58, a P/E/G ratio of 0.89 and a beta of 1.33. The Goldman Sachs Group, Inc. has a 1-year low of $387.12 and a 1-year high of $672.19.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings results 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 firm had revenue of $13.87 billion for the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the company earned $5.48 EPS. On average, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 28th were given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 2.56%. The ex-dividend date was Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Insiders Place Their Bets

In other The Goldman Sachs Group news, Director Kevin R. Johnson bought 2,400 shares of the business’s stock in a transaction dated Friday, January 17th. The shares were acquired at an average price of $619.02 per share, with a total value of $1,485,648.00. Following the purchase, the director now owns 2,400 shares in the company, valued at approximately $1,485,648. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Alex S. Golten sold 5,208 shares of the stock in a transaction 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 completion of the sale, the insider now owns 3,545 shares of the company’s stock, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 19,925 shares of company stock worth $12,630,683 over the last three months. 0.55% of the stock is owned by 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.