Whittier Trust Co. boosted its stake in shares of Goldman Sachs Group Inc (NYSE:GS) by 1.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,567 shares of the investment management company’s stock after buying an additional 1,015 shares during the quarter. Whittier Trust Co.’s holdings in Goldman Sachs Group were worth $13,646,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GS. Janus Henderson Group PLC boosted its stake in Goldman Sachs Group by 4,096.0% during the second 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 stake in Goldman Sachs Group by 47.1% during the second 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 stake in Goldman Sachs Group by 1,654.0% during the second 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 stake in Goldman Sachs Group by 15.1% during the fourth 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 stake in Goldman Sachs Group by 10.5% during the second 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. 73.52% of the stock is owned by institutional investors.

Shares of Goldman Sachs Group Inc (GS) opened at $249.30 on Friday. The firm has a market cap of $94,036.46, a P/E ratio of 28.95, a P/E/G ratio of 0.90 and a beta of 1.37. Goldman Sachs Group Inc has a 1-year low of $209.62 and a 1-year high of $273.79. 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 issued its earnings results on Wednesday, January 17th. The investment management company reported $5.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.90 by $0.78. The firm had revenue of $7.83 billion for the quarter, compared to analysts’ expectations of $7.64 billion. Goldman Sachs Group had a net margin of 13.36% and a return on equity of 11.47%. The firm’s revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $5.08 earnings per share. equities analysts forecast that Goldman Sachs Group Inc will post 21.56 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 1st will be issued a $0.75 dividend. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $3.00 annualized dividend and a yield of 1.20%. Goldman Sachs Group’s dividend payout ratio (DPR) is 34.84%.

In other Goldman Sachs Group news, Chairman Lloyd C. Blankfein sold 20,794 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $238.38, for a total transaction of $4,956,873.72. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider David M. Solomon sold 2,400 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $238.49, for a total transaction of $572,376.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 170,243 shares of company stock worth $42,427,803. 2.57% of the stock is owned by corporate insiders.

Several research analysts have weighed in on the stock. Morgan Stanley increased their target price on shares of Goldman Sachs Group from $294.00 to $297.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Wells Fargo & Co reaffirmed an “outperform” rating and set a $320.00 target price on shares of Goldman Sachs Group in a research note on Thursday, January 25th. Zacks Investment Research raised shares of Goldman Sachs Group from a “hold” rating to a “buy” rating and set a $291.00 target price for the company in a research note on Tuesday, December 19th. Vertical Group raised shares of Goldman Sachs Group from a “hold” rating to a “buy” rating in a research note on Friday, December 29th. Finally, Barclays raised their price objective on shares of Goldman Sachs Group from $262.00 to $308.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $256.75.

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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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