483 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Acquired by MontVue Capital Management Inc.

MontVue Capital Management Inc. bought a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 483 shares of the investment management company’s stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also modified their holdings of GS. Stephens Consulting LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at approximately $26,000. West Branch Capital LLC purchased a new stake in The Goldman Sachs Group in the third quarter valued at $30,000. DT Investment Partners LLC lifted its stake in shares of The Goldman Sachs Group by 110.0% in the 3rd quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock valued at $31,000 after purchasing an additional 33 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of The Goldman Sachs Group during the 3rd quarter worth $34,000. Finally, Capital Performance Advisors LLP purchased a new position in shares of The Goldman Sachs Group during the 3rd quarter worth $38,000. 71.21% of the stock is owned by institutional investors and hedge funds.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, CEO David M. Solomon sold 6,550 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $610.91, for a total transaction of $4,001,460.50. Following the sale, the chief executive officer now owns 117,883 shares of the company’s stock, valued at approximately $72,015,903.53. This trade represents a 5.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Treasurer Carey Halio sold 3,640 shares of the company’s stock in a transaction on Friday, January 24th. The shares were sold at an average price of $636.74, for a total transaction of $2,317,733.60. Following the completion of the transaction, the treasurer now owns 4,552 shares of the company’s stock, valued at approximately $2,898,440.48. The trade was a 44.43 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 31,475 shares of company stock valued at $19,692,543 over the last quarter. 0.54% of the stock is owned by insiders.

Analyst Ratings Changes

GS has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods upped their target price on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the company an “outperform” rating in a research report on Thursday, January 16th. Morgan Stanley boosted their price target on shares of 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. Citigroup increased their price objective on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a research report on Thursday, November 21st. Hsbc Global Res lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Finally, Evercore ISI lifted their price objective on The Goldman Sachs Group from $520.00 to $575.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Eight analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $591.06.

The Goldman Sachs Group Stock Performance

Shares of GS opened at $649.17 on Thursday. The Goldman Sachs Group, Inc. has a 1 year low of $375.20 and a 1 year high of $663.87. The stock has a market capitalization of $201.53 billion, a PE ratio of 16.01, a PEG ratio of 0.91 and a beta of 1.39. 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 stock has a 50-day simple moving average of $601.88 and a 200-day simple moving average of $549.42.

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 Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The company had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. During the same quarter in the previous year, the firm earned $5.48 earnings per share. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. On average, analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.85%. 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.