Semus Wealth Partners LLC Grows Stake in The Goldman Sachs Group, Inc. (NYSE:GS)

Semus Wealth Partners LLC lifted its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,209 shares of the investment management company’s stock after purchasing an additional 24 shares during the period. The Goldman Sachs Group accounts for approximately 0.8% of Semus Wealth Partners LLC’s investment portfolio, making the stock its 27th largest holding. Semus Wealth Partners LLC’s holdings in The Goldman Sachs Group were worth $1,265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of GS. Atlas Legacy Advisors LLC purchased a new position in The Goldman Sachs Group during the fourth quarter valued at $356,000. Bank of Jackson Hole Trust purchased a new position in The Goldman Sachs Group during the fourth quarter valued at $164,000. Klingman & Associates LLC lifted its position in The Goldman Sachs Group by 4.8% during the fourth quarter. Klingman & Associates LLC now owns 801 shares of the investment management company’s stock valued at $459,000 after purchasing an additional 37 shares in the last quarter. Mcdonald Partners LLC lifted its position in The Goldman Sachs Group by 0.6% during the fourth quarter. Mcdonald Partners LLC now owns 3,713 shares of the investment management company’s stock valued at $2,126,000 after purchasing an additional 21 shares in the last quarter. Finally, Davidson Investment Advisors lifted its position in The Goldman Sachs Group by 1.6% during the fourth quarter. Davidson Investment Advisors now owns 50,489 shares of the investment management company’s stock valued at $28,911,000 after purchasing an additional 789 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Stock Up 1.6 %

The Goldman Sachs Group stock opened at $671.44 on Wednesday. The business has a fifty day moving average of $608.24 and a two-hundred day moving average of $555.16. 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 firm has a market cap of $208.45 billion, a P/E ratio of 16.56, a P/E/G ratio of 0.92 and a beta of 1.39. The Goldman Sachs Group, Inc. has a twelve month low of $380.85 and a twelve month high of $672.19.

The Goldman Sachs Group (NYSE:GS) last posted its earnings results on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, topping analysts’ consensus estimates of $8.21 by $3.74. The company had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. The Goldman Sachs Group’s revenue was up 22.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.48 earnings per share. On average, analysts forecast 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 firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is presently 29.59%.

Insider Transactions at The Goldman Sachs Group

In other news, Director David A. Viniar sold 5,000 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $612.08, for a total transaction of $3,060,400.00. Following the transaction, the director now directly owns 608,425 shares of the company’s stock, valued at approximately $372,404,774. This represents a 0.82 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Sheara J. Fredman sold 2,034 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $627.01, for a total value of $1,275,338.34. Following the completion of the transaction, the chief accounting officer now directly owns 6,455 shares in the company, valued at approximately $4,047,349.55. The trade was a 23.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 31,475 shares of company stock valued at $19,692,543. Corporate insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

GS has been the topic of several analyst reports. Morgan Stanley lifted their target price on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a research report on Thursday, January 16th. JPMorgan Chase & Co. boosted their price objective on 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 lowered their price objective on 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. Wells Fargo & Company boosted their price objective on The Goldman Sachs Group from $600.00 to $680.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Finally, Keefe, Bruyette & Woods boosted their price objective on 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. Eight equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $591.06.

The Goldman Sachs Group Company 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.