Banco Bilbao Vizcaya Argentaria S.A. Has $41.56 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 8.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 71,790 shares of the investment management company’s stock after selling 6,904 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in The Goldman Sachs Group were worth $41,560,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in GS. Stephens Consulting LLC acquired a new position in The Goldman Sachs Group during the 4th quarter worth approximately $26,000. Asset Planning Inc bought a new stake in shares of The Goldman Sachs Group in the fourth quarter worth $29,000. Curio Wealth LLC acquired a new position in The Goldman Sachs Group during the fourth quarter worth $30,000. Transce3nd LLC bought a new position in The Goldman Sachs Group in the fourth quarter valued at $31,000. Finally, Whipplewood Advisors LLC acquired a new stake in The Goldman Sachs Group in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

GS has been the subject of several analyst reports. Morgan Stanley set a $558.00 price objective on The Goldman Sachs Group and gave the company an “equal weight” rating in a report on Monday, April 7th. Evercore ISI decreased their price target on The Goldman Sachs Group from $660.00 to $594.00 and set an “outperform” rating for the company in a research note on Tuesday, April 1st. Keefe, Bruyette & Woods cut The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $690.00 to $660.00 in a research note on Thursday, February 27th. Royal Bank of Canada cut their price objective on The Goldman Sachs Group from $610.00 to $560.00 and set a “sector perform” rating for the company in a report on Tuesday, April 15th. Finally, Daiwa Capital Markets downgraded shares of The Goldman Sachs Group from an “outperform” rating to a “neutral” rating and set a $560.00 target price on the stock. in a report on Friday, April 4th. Thirteen analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Hold” and a consensus price target of $593.40.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 3,640 shares of the business’s stock in a transaction that occurred 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 sale, the treasurer now directly owns 4,552 shares of the company’s stock, valued at $2,898,440.48. The trade was a 44.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Alex S. Golten sold 5,208 shares of the firm’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $636.25, for a total transaction of $3,313,590.00. Following the transaction, the insider now directly owns 3,545 shares of the company’s stock, valued at $2,255,506.25. The trade was a 59.50 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.55% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $529.54 on Thursday. The business has a fifty day moving average price of $553.80 and a two-hundred day moving average price of $572.78. The stock has a market capitalization of $165.24 billion, a PE ratio of 13.06, a P/E/G ratio of 0.89 and a beta of 1.33. 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 fifty-two week low of $414.85 and a fifty-two week high of $672.19.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Monday, April 14th. The investment management company reported $14.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.57 by $1.55. The business had revenue of $15.06 billion for the quarter, compared to analyst estimates of $14.99 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. During the same quarter last year, the business posted $11.58 EPS. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, May 30th will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Friday, May 30th. The Goldman Sachs Group’s dividend payout ratio is 27.85%.

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.