Vinva Investment Management Ltd Has $8.73 Million Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Vinva Investment Management Ltd grew its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 2.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 15,212 shares of the investment management company’s stock after buying an additional 310 shares during the quarter. Vinva Investment Management Ltd’s holdings in The Goldman Sachs Group were worth $8,725,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in GS. Raymond James Financial Inc. acquired a new position in shares of The Goldman Sachs Group during the fourth quarter valued at about $624,844,000. Proficio Capital Partners LLC raised its holdings in shares of The Goldman Sachs Group by 14,007.0% in the 4th quarter. Proficio Capital Partners LLC now owns 1,059,716 shares of the investment management company’s stock worth $606,815,000 after acquiring an additional 1,052,204 shares during the last quarter. FMR LLC raised its holdings in shares of The Goldman Sachs Group by 21.9% in the 3rd quarter. FMR LLC now owns 2,898,637 shares of the investment management company’s stock worth $1,435,144,000 after acquiring an additional 521,054 shares during the last quarter. Ieq Capital LLC raised its holdings in shares of The Goldman Sachs Group by 1,400.8% in the 4th quarter. Ieq Capital LLC now owns 419,095 shares of the investment management company’s stock worth $239,982,000 after acquiring an additional 391,170 shares during the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of The Goldman Sachs Group by 154.7% in the 3rd quarter. Janus Henderson Group PLC now owns 414,867 shares of the investment management company’s stock worth $205,403,000 after acquiring an additional 251,972 shares during the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In related news, insider Alex S. Golten sold 5,208 shares of the company’s stock in a transaction that occurred 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 sale, the insider now directly owns 3,545 shares in the company, valued at approximately $2,255,506.25. This represents a 59.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Treasurer Carey Halio sold 3,640 shares of the company’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 owns 4,552 shares in the company, valued at $2,898,440.48. The trade was a 44.43 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,925 shares of company stock worth $12,630,683. 0.54% of the stock is owned by corporate insiders.

The Goldman Sachs Group Stock Up 0.1 %

The Goldman Sachs Group stock opened at $551.86 on Wednesday. The Goldman Sachs Group, Inc. has a twelve month low of $383.71 and a twelve month high of $672.19. The firm has a 50 day moving average price of $611.58 and a 200-day moving average price of $567.82. The company has a market capitalization of $172.20 billion, a P/E ratio of 13.61, a P/E/G ratio of 0.89 and a beta of 1.37. 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 Goldman Sachs Group (NYSE:GS) last released its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, beating 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 firm had revenue of $13.87 billion during the quarter, compared to the consensus estimate of $12.36 billion. During the same period in the prior year, the firm earned $5.48 EPS. The company’s revenue was up 22.5% compared to the same quarter last year. As a group, equities analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The firm also recently declared 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. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is currently 29.59%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on GS shares. Citigroup upped their target price on shares of The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a report on Thursday, November 21st. HSBC lowered shares of The Goldman Sachs Group from a “buy” rating to a “hold” rating and upped their target price for the stock from $569.00 to $608.00 in a report on Tuesday, November 26th. Oppenheimer lowered their target price on shares of The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Keefe, Bruyette & Woods downgraded shares of The Goldman Sachs Group from an “outperform” rating to a “market perform” rating and reduced their price objective for the stock from $690.00 to $660.00 in a research report on Thursday, February 27th. Finally, UBS Group upped 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. Nine investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, The Goldman Sachs Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $594.27.

About The Goldman Sachs Group

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.