Tudor Financial Inc. Raises Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Tudor Financial Inc. lifted its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 13.0% in the 4th quarter, Holdings Channel reports. The firm owned 520 shares of the investment management company’s stock after acquiring an additional 60 shares during the period. Tudor Financial Inc.’s holdings in The Goldman Sachs Group were worth $298,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Regent Peak Wealth Advisors LLC boosted its stake in The Goldman Sachs Group by 3.7% in the fourth quarter. Regent Peak Wealth Advisors LLC now owns 680 shares of the investment management company’s stock worth $389,000 after buying an additional 24 shares in the last quarter. Sky Investment Group LLC boosted its stake in The Goldman Sachs Group by 12.6% in the fourth quarter. Sky Investment Group LLC now owns 1,137 shares of the investment management company’s stock worth $651,000 after buying an additional 127 shares in the last quarter. Harbor Investment Advisory LLC boosted its stake in The Goldman Sachs Group by 20.8% in the fourth quarter. Harbor Investment Advisory LLC now owns 3,710 shares of the investment management company’s stock worth $2,124,000 after buying an additional 638 shares in the last quarter. Zhang Financial LLC boosted its stake in The Goldman Sachs Group by 11.2% in the fourth quarter. Zhang Financial LLC now owns 4,641 shares of the investment management company’s stock worth $2,658,000 after buying an additional 467 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in The Goldman Sachs Group by 52.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 19,011 shares of the investment management company’s stock worth $10,886,000 after buying an additional 6,546 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 2,974 shares of the business’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $594.51, for a total transaction of $1,768,072.74. Following the completion of the transaction, the chief accounting officer now owns 8,489 shares in the company, valued at $5,046,795.39. The trade was a 25.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John F.W. Rogers sold 6,416 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $596.36, for a total value of $3,826,245.76. Following the transaction, the executive vice president now owns 57,614 shares of the company’s stock, valued at approximately $34,358,685.04. The trade was a 10.02 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 20,940 shares of company stock valued at $12,656,179. 0.57% of the stock is owned by company insiders.

The Goldman Sachs Group Trading Up 2.3 %

The Goldman Sachs Group stock opened at $626.84 on Tuesday. 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 Goldman Sachs Group, Inc. has a one year low of $372.07 and a one year high of $627.00. The stock has a market capitalization of $196.77 billion, a PE ratio of 15.46, a price-to-earnings-growth ratio of 0.90 and a beta of 1.38. The business’s fifty day moving average is $587.22 and its 200 day moving average is $530.73.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.21 by $3.74. The business 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 for the quarter was up 22.5% on a year-over-year basis. During the same period last year, the firm posted $5.48 earnings per share. On average, sell-side analysts predict that The Goldman Sachs Group, Inc. will post 45.32 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm 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 dividend of $3.00 per share. This represents a $12.00 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Citigroup increased their price objective on The Goldman Sachs Group from $485.00 to $585.00 and gave the company a “neutral” rating in a research note on Thursday, November 21st. Hsbc Global Res lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Barclays increased their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Morgan Stanley increased their price objective on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Finally, JMP Securities upped their target price on 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. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, The Goldman Sachs Group currently has an average rating of “Moderate Buy” and a consensus target price of $589.19.

About The Goldman Sachs Group

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.