KBC Group NV raised its stake in shares of Goldman Sachs Group Inc (NYSE:GS) by 9.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 68,400 shares of the investment management company’s stock after acquiring an additional 6,151 shares during the quarter. KBC Group NV’s holdings in Goldman Sachs Group were worth $17,426,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Geller Family Office Services LLC increased its stake in Goldman Sachs Group by 0.3% in the second quarter. Geller Family Office Services LLC now owns 944 shares of the investment management company’s stock valued at $209,000 after acquiring an additional 3 shares during the period. FTB Advisors Inc. increased its stake in Goldman Sachs Group by 0.3% in the second quarter. FTB Advisors Inc. now owns 1,605 shares of the investment management company’s stock valued at $360,000 after acquiring an additional 5 shares during the period. King Luther Capital Management Corp increased its stake in Goldman Sachs Group by 0.4% in the second quarter. King Luther Capital Management Corp now owns 1,725 shares of the investment management company’s stock valued at $383,000 after acquiring an additional 7 shares during the period. Quadrant Capital Group LLC increased its stake in Goldman Sachs Group by 1.5% in the second quarter. Quadrant Capital Group LLC now owns 888 shares of the investment management company’s stock valued at $159,000 after acquiring an additional 13 shares during the period. Finally, Keel Point LLC increased its stake in Goldman Sachs Group by 0.4% in the second quarter. Keel Point LLC now owns 4,024 shares of the investment management company’s stock valued at $893,000 after acquiring an additional 18 shares during the period. Institutional investors own 73.28% of the company’s stock.

In other news, insider David M. Solomon sold 12,707 shares of the company’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $237.94, for a total transaction of $3,023,503.58. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Vice Chairman Richard J. Gnodde sold 5,718 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $238.99, for a total transaction of $1,366,544.82. The disclosure for this sale can be found here. Insiders have sold 167,843 shares of company stock worth $41,855,427 over the last quarter. 2.57% of the stock is owned by company insiders.

A number of research firms recently weighed in on GS. Vetr raised shares of Goldman Sachs Group from a “sell” rating to a “hold” rating and set a $246.36 target price on the stock in a research note on Thursday, February 8th. Buckingham Research reissued a “neutral” rating and issued a $250.00 target price (up previously from $243.00) on shares of Goldman Sachs Group in a research note on Wednesday, October 18th. Bank of America reissued a “buy” rating and issued a $300.00 target price (up previously from $249.30) on shares of Goldman Sachs Group in a research note on Monday. Barclays reissued an “equal weight” rating and issued a $289.00 target price (down previously from $308.00) on shares of Goldman Sachs Group in a research note on Thursday, January 18th. Finally, Zacks Investment Research cut shares of Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. Goldman Sachs Group presently has a consensus rating of “Hold” and a consensus target price of $256.75.

Shares of Goldman Sachs Group Inc (GS) opened at $253.16 on Tuesday. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market cap of $94,036.34, a PE ratio of 12.59, a price-to-earnings-growth ratio of 0.90 and a beta of 1.37. Goldman Sachs Group Inc has a 52 week low of $209.62 and a 52 week high of $273.79.

Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Wednesday, January 17th. The investment management company reported $5.68 earnings per share for the quarter, topping 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 company’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.08 earnings per share. sell-side analysts predict that Goldman Sachs Group Inc will post 21.56 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 1st will be given a dividend of $0.75 per share. The ex-dividend date is Wednesday, February 28th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.19%. Goldman Sachs Group’s payout ratio is 34.84%.

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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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