XML Financial LLC Buys 310 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

XML Financial LLC lifted its position in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,287 shares of the investment management company’s stock after buying an additional 310 shares during the quarter. XML Financial LLC’s holdings in The Goldman Sachs Group were worth $2,039,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. First United Bank & Trust bought a new position in The Goldman Sachs Group in the 4th quarter valued at about $26,000. Truvestments Capital LLC lifted its stake in shares of The Goldman Sachs Group by 88.0% in the 3rd quarter. Truvestments Capital LLC now owns 94 shares of the investment management company’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter. BKM Wealth Management LLC acquired a new stake in shares of The Goldman Sachs Group during the fourth quarter valued at about $32,000. Signature Resources Capital Management LLC acquired a new position in The Goldman Sachs Group during the 4th quarter worth about $39,000. Finally, Wetzel Investment Advisors Inc. bought a new stake in shares of The Goldman Sachs Group in the 4th quarter valued at about $42,000. 71.21% of the stock is currently owned by institutional investors and hedge funds.

The Goldman Sachs Group Stock Down 0.9 %

GS stock traded down $4.31 during mid-day trading on Monday, reaching $450.60. 411,464 shares of the company traded hands, compared to its average volume of 2,299,840. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.18. The firm’s 50 day moving average price is $435.52 and its 200 day moving average price is $399.81. The Goldman Sachs Group, Inc. has a fifty-two week low of $289.36 and a fifty-two week high of $471.48. The stock has a market cap of $145.30 billion, a price-to-earnings ratio of 17.65, a P/E/G ratio of 0.92 and a beta of 1.39.

The Goldman Sachs Group (NYSE:GSGet Free Report) last announced its earnings results on Monday, April 15th. The investment management company reported $11.58 EPS for the quarter, beating the consensus estimate of $8.54 by $3.04. The Goldman Sachs Group had a net margin of 8.17% and a return on equity of 8.86%. The company had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $12.94 billion. During the same quarter in the prior year, the company posted $8.79 earnings per share. The firm’s revenue for the quarter was up 16.1% on a year-over-year basis. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 36.57 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, May 30th will be paid a $2.75 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This represents a $11.00 dividend on an annualized basis and a yield of 2.44%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 42.95%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on GS. Edward Jones began coverage on The Goldman Sachs Group in a research note on Tuesday, February 27th. They issued a “buy” rating on the stock. JMP Securities increased their price objective on shares of The Goldman Sachs Group from $440.00 to $460.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 9th. BMO Capital Markets boosted their target price on shares of The Goldman Sachs Group from $349.00 to $360.00 and gave the company a “market perform” rating in a report on Tuesday, April 16th. Citigroup increased their price target on The Goldman Sachs Group from $410.00 to $425.00 and gave the stock a “neutral” rating in a report on Tuesday, April 16th. Finally, Daiwa Capital Markets raised The Goldman Sachs Group from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $410.00 to $430.00 in a research note on Thursday, March 14th. Six research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $440.57.

Check Out Our Latest Stock Analysis on The Goldman Sachs Group

Insiders Place Their Bets

In other news, Director David A. Viniar sold 5,000 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $432.25, for a total transaction of $2,161,250.00. Following the completion of the transaction, the director now owns 623,425 shares in the company, valued at approximately $269,475,456.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for The Goldman Sachs Group (NYSE:GS)

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