DGS Capital Management LLC Has $945,000 Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

DGS Capital Management LLC increased its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 88.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,650 shares of the investment management company’s stock after acquiring an additional 773 shares during the period. DGS Capital Management LLC’s holdings in The Goldman Sachs Group were worth $945,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of GS. Waddell & Associates LLC boosted its holdings in shares of The Goldman Sachs Group by 2.1% in the third quarter. Waddell & Associates LLC now owns 896 shares of the investment management company’s stock worth $444,000 after buying an additional 18 shares during the period. Wescott Financial Advisory Group LLC boosted its stake in The Goldman Sachs Group by 0.7% in the 3rd quarter. Wescott Financial Advisory Group LLC now owns 2,719 shares of the investment management company’s stock worth $1,346,000 after purchasing an additional 18 shares during the period. Bank of New Hampshire grew its position in The Goldman Sachs Group by 8.0% during the 4th quarter. Bank of New Hampshire now owns 243 shares of the investment management company’s stock worth $139,000 after purchasing an additional 18 shares in the last quarter. Marino Stram & Associates LLC raised its stake in The Goldman Sachs Group by 4.2% during the 4th quarter. Marino Stram & Associates LLC now owns 449 shares of the investment management company’s stock valued at $257,000 after purchasing an additional 18 shares during the period. Finally, First Pacific Financial lifted its holdings in shares of The Goldman Sachs Group by 0.6% in the third quarter. First Pacific Financial now owns 3,167 shares of the investment management company’s stock valued at $1,568,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Wells Fargo & Company lifted their price target on The Goldman Sachs Group from $600.00 to $680.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Evercore ISI increased their price target on shares of The Goldman Sachs Group from $520.00 to $575.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. JPMorgan Chase & Co. boosted their price objective on shares of The Goldman Sachs Group from $550.00 to $605.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Oppenheimer dropped their price objective on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Finally, Morgan Stanley lifted their target price 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. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $591.06.

The Goldman Sachs Group Stock Down 0.4 %

Shares of The Goldman Sachs Group stock opened at $636.80 on Friday. The Goldman Sachs Group, Inc. has a 12-month low of $374.24 and a 12-month high of $645.54. The stock has a market capitalization of $199.90 billion, a P/E ratio of 15.70, a PEG ratio of 0.88 and a beta of 1.38. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32. The stock has a 50 day moving average price of $590.34 and a two-hundred day moving average price of $534.48.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, topping 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 the consensus estimate of $12.36 billion. During the same quarter last year, the firm posted $5.48 EPS. The business’s quarterly revenue was up 22.5% on a year-over-year basis. Equities analysts expect that The Goldman Sachs Group, Inc. will post 46.81 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

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. The ex-dividend date is Friday, February 28th. This represents a $12.00 annualized dividend and a yield of 1.88%. The Goldman Sachs Group’s payout ratio is 29.59%.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 1,545 shares of the firm’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $624.67, for a total value of $965,115.15. Following the sale, the treasurer now directly owns 8,192 shares in the company, valued at $5,117,296.64. This trade represents a 15.87 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Sheara J. Fredman sold 2,034 shares of the business’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $627.01, for a total transaction of $1,275,338.34. Following the transaction, the chief accounting officer now owns 6,455 shares in the company, valued at approximately $4,047,349.55. The trade was a 23.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,017 shares of company stock valued at $19,655,538 in the last 90 days. 0.54% of the stock is currently owned by 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.