Sepio Capital LP Has $667,000 Stake in The Goldman Sachs Group, Inc. (NYSE:GS)

Sepio Capital LP raised its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,165 shares of the investment management company’s stock after purchasing an additional 53 shares during the quarter. Sepio Capital LP’s holdings in The Goldman Sachs Group were worth $667,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Morse Asset Management Inc acquired a new position in shares of The Goldman Sachs Group in the third quarter valued at approximately $911,000. EP Wealth Advisors LLC lifted its position in The Goldman Sachs Group by 70.2% in the 3rd quarter. EP Wealth Advisors LLC now owns 5,699 shares of the investment management company’s stock valued at $2,822,000 after acquiring an additional 2,350 shares in the last quarter. iSAM Funds UK Ltd acquired a new position in The Goldman Sachs Group in the 3rd quarter worth $304,000. Zacks Investment Management increased its holdings in The Goldman Sachs Group by 24.8% during the 3rd quarter. Zacks Investment Management now owns 1,746 shares of the investment management company’s stock worth $864,000 after purchasing an additional 347 shares in the last quarter. Finally, Orion Portfolio Solutions LLC raised its stake in shares of The Goldman Sachs Group by 11.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 12,930 shares of the investment management company’s stock valued at $6,402,000 after purchasing an additional 1,308 shares during the period. 71.21% of the stock is owned by institutional investors.

Analysts Set New Price Targets

GS has been the subject of a number of research reports. Wells Fargo & Company decreased their price objective on The Goldman Sachs Group from $720.00 to $680.00 and set an “overweight” rating for the company in a report on Friday, March 28th. Daiwa Capital Markets downgraded shares of The Goldman Sachs Group from an “outperform” rating to a “neutral” rating and set a $560.00 price objective on the stock. in a report on Friday. UBS Group boosted their price objective on shares of The Goldman Sachs Group from $610.00 to $640.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 21st. JPMorgan Chase & Co. lowered their price target on shares of The Goldman Sachs Group from $625.00 to $614.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Morgan Stanley cut their price target on shares of The Goldman Sachs Group from $782.00 to $659.00 and set an “overweight” rating on the stock in a research report on Thursday, March 13th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $589.19.

The Goldman Sachs Group Price Performance

Shares of GS opened at $469.57 on Monday. The company’s 50-day moving average is $597.54 and its 200-day moving average is $573.99. 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 firm has a market capitalization of $146.52 billion, a PE ratio of 11.58, a PEG ratio of 0.89 and a beta of 1.33. The Goldman Sachs Group, Inc. has a fifty-two week low of $387.12 and a fifty-two week high of $672.19.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $13.87 billion for the quarter, compared to analysts’ expectations of $12.36 billion. During the same period in the prior year, the firm earned $5.48 EPS. The business’s revenue was up 22.5% on a year-over-year basis. Equities analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 28th were paid a $3.00 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $12.00 annualized dividend and a yield of 2.56%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 29.59%.

Insider Buying and Selling at The Goldman Sachs Group

In other news, Treasurer Carey Halio sold 3,640 shares of the stock in a transaction on Friday, January 24th. The stock was sold at an average price of $636.74, for a total transaction of $2,317,733.60. Following the sale, the treasurer now directly owns 4,552 shares of the company’s stock, valued at approximately $2,898,440.48. This represents a 44.43 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Sheara J. Fredman sold 2,034 shares of the business’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total value of $1,275,338.34. Following the completion of the transaction, the chief accounting officer now directly owns 6,455 shares of the company’s stock, valued at approximately $4,047,349.55. This trade represents a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 19,925 shares of company stock valued at $12,630,683 in the last ninety days. 0.55% of the stock is currently owned by corporate insiders.

The Goldman Sachs Group 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.