Moody Lynn & Lieberson LLC Trims Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Moody Lynn & Lieberson LLC decreased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 5.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,504 shares of the investment management company’s stock after selling 395 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in The Goldman Sachs Group were worth $4,297,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Susquehanna Fundamental Investments LLC acquired a new position in The Goldman Sachs Group in the second quarter valued at $1,040,000. Kathmere Capital Management LLC grew its holdings in shares of The Goldman Sachs Group by 6.2% during the second quarter. Kathmere Capital Management LLC now owns 1,174 shares of the investment management company’s stock worth $531,000 after buying an additional 69 shares during the last quarter. SkyView Investment Advisors LLC increased its position in The Goldman Sachs Group by 9.6% in the 2nd quarter. SkyView Investment Advisors LLC now owns 3,267 shares of the investment management company’s stock valued at $1,478,000 after acquiring an additional 287 shares during the period. Ascent Group LLC raised its stake in The Goldman Sachs Group by 34.0% during the 2nd quarter. Ascent Group LLC now owns 1,477 shares of the investment management company’s stock valued at $668,000 after acquiring an additional 375 shares during the last quarter. Finally, Creative Planning lifted its position in The Goldman Sachs Group by 6.7% during the 2nd quarter. Creative Planning now owns 74,446 shares of the investment management company’s stock worth $33,674,000 after acquiring an additional 4,661 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Buying and Selling at The Goldman Sachs Group

In related news, insider Kathryn H. Ruemmler sold 7,498 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $634.69, for a total transaction of $4,758,905.62. Following the transaction, the insider now owns 9,589 shares of the company’s stock, valued at approximately $6,086,042.41. This represents a 43.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP John F.W. Rogers sold 6,416 shares of the firm’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $596.36, for a total value of $3,826,245.76. Following the sale, the executive vice president now owns 57,614 shares in the company, valued at $34,358,685.04. This trade represents a 10.02 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 32,017 shares of company stock worth $19,655,538. 0.54% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on GS. Wells Fargo & Company boosted their target price on The Goldman Sachs Group from $600.00 to $680.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Keefe, Bruyette & Woods boosted their price objective on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the company an “outperform” rating in a research note on Thursday, January 16th. Hsbc Global Res downgraded shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. JMP Securities lifted their target price on shares of The Goldman Sachs Group from $525.00 to $550.00 and gave the company a “market outperform” rating in a report on Wednesday, October 9th. Finally, Morgan Stanley increased their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a report on Thursday, January 16th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, The Goldman Sachs Group has an average rating of “Moderate Buy” and an average target price of $591.06.

The Goldman Sachs Group Stock Down 0.4 %

The Goldman Sachs Group stock opened at $636.80 on Friday. The Goldman Sachs Group, Inc. has a fifty-two week low of $374.24 and a fifty-two week high of $645.54. The firm has a market capitalization of $199.90 billion, a price-to-earnings ratio of 15.70, a price-to-earnings-growth ratio of 0.88 and a beta of 1.38. The stock’s fifty day moving average is $591.21 and its two-hundred day moving average is $535.67. 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 (NYSE:GS) last issued its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The firm had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The firm’s revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the company earned $5.48 EPS. Analysts predict that The Goldman Sachs Group, Inc. will post 46.81 EPS for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be paid a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is currently 29.59%.

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.