Wealthcare Capital Partners LLC Acquires Shares of 1,091 The Goldman Sachs Group, Inc. (NYSE:GS)

Wealthcare Capital Partners LLC purchased a new stake in The Goldman Sachs Group, Inc. (NYSE:GS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,091 shares of the investment management company’s stock, valued at approximately $624,000.

Several other large investors have also recently bought and sold shares of GS. Stephens Consulting LLC acquired a new stake in shares of The Goldman Sachs Group during the fourth quarter worth about $26,000. West Branch Capital LLC bought a new stake in shares of The Goldman Sachs Group during the third quarter worth $30,000. DT Investment Partners LLC raised its holdings in shares of The Goldman Sachs Group by 110.0% during the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock worth $31,000 after acquiring an additional 33 shares during the period. Truvestments Capital LLC bought a new stake in The Goldman Sachs Group in the 3rd quarter valued at $34,000. Finally, Capital Performance Advisors LLP bought a new position in The Goldman Sachs Group during the 3rd quarter worth about $38,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

GS has been the topic of a number of recent research reports. Hsbc Global Res lowered The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Oppenheimer cut 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 report on Friday, January 3rd. Keefe, Bruyette & Woods raised their target price on shares of The Goldman Sachs Group from $686.00 to $690.00 and gave the company an “outperform” rating in a research report on Thursday, January 16th. Morgan Stanley boosted their price target on shares of The Goldman Sachs Group from $736.00 to $782.00 and gave the stock an “overweight” rating in a research report on Thursday, January 16th. Finally, Barclays increased their price target on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and an average price target of $591.06.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Alex S. Golten sold 5,208 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $636.25, for a total value of $3,313,590.00. Following the completion of the sale, the insider now directly owns 3,545 shares in the company, valued at approximately $2,255,506.25. The trade was a 59.50 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David A. Viniar sold 5,000 shares of the stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $612.08, for a total value of $3,060,400.00. Following the transaction, the director now owns 608,425 shares in the company, valued at $372,404,774. The trade was a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 31,475 shares of company stock worth $19,692,543. Company insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Price Performance

GS stock opened at $650.24 on Tuesday. The Goldman Sachs Group, Inc. has a 1 year low of $375.20 and a 1 year high of $663.87. 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 stock has a market cap of $201.87 billion, a price-to-earnings ratio of 16.04, a P/E/G ratio of 0.91 and a beta of 1.39. The company has a 50 day simple moving average of $600.00 and a 200 day simple moving average of $547.26.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data 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 return on equity of 13.30% and a net margin of 11.32%. The company 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 business posted $5.48 EPS. The Goldman Sachs Group’s revenue for the quarter was up 22.5% on a year-over-year basis. Research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be given a $3.00 dividend. This represents a $12.00 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 29.59%.

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.