B & T Capital Management DBA Alpha Capital Management Has $3.91 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

B & T Capital Management DBA Alpha Capital Management decreased its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 6.2% during the 4th quarter, HoldingsChannel.com reports. The firm owned 6,832 shares of the investment management company’s stock after selling 454 shares during the period. B & T Capital Management DBA Alpha Capital Management’s holdings in The Goldman Sachs Group were worth $3,912,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of GS. Semmax Financial Advisors Inc. bought a new position in shares of The Goldman Sachs Group during the second quarter worth about $26,000. Quest Partners LLC increased its position in The Goldman Sachs Group by 6,300.0% during the 2nd quarter. Quest Partners LLC now owns 64 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 63 shares during the period. West Branch Capital LLC bought a new position in The Goldman Sachs Group during the 3rd quarter worth approximately $30,000. DT Investment Partners LLC lifted its position in shares of The Goldman Sachs Group by 110.0% in the 3rd quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock worth $31,000 after purchasing an additional 33 shares during the period. Finally, Truvestments Capital LLC bought a new stake in shares of The Goldman Sachs Group in the 3rd quarter valued at $34,000. 71.21% of the stock is owned by institutional investors.

Insider Activity

In other news, CEO David M. Solomon sold 6,550 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $610.91, for a total value of $4,001,460.50. Following the completion of the transaction, the chief executive officer now directly owns 117,883 shares in the company, valued at approximately $72,015,903.53. This represents a 5.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David A. Viniar sold 5,000 shares of the stock in a transaction dated Friday, November 29th. The shares were 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. This trade represents a 0.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 20,940 shares of company stock worth $12,656,179 in the last three months. Corporate insiders own 0.57% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Bank of America lifted their target price on shares of The Goldman Sachs Group from $563.00 to $575.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. HSBC downgraded The Goldman Sachs Group from a “buy” rating to a “hold” rating and boosted their price objective for the company from $569.00 to $608.00 in a research note on Tuesday, November 26th. JMP Securities increased their price target on The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 9th. JPMorgan Chase & Co. lifted 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 note on Thursday. Finally, 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. Eight equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $589.19.

The Goldman Sachs Group Stock Performance

Shares of GS stock opened at $626.84 on Friday. The Goldman Sachs Group, Inc. has a 12 month low of $372.07 and a 12 month high of $627.00. The stock has a market capitalization of $196.77 billion, a P/E ratio of 18.39, a PEG ratio of 0.66 and a beta of 1.38. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The firm’s 50 day moving average is $586.47 and its 200 day moving average is $528.71.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, topping analysts’ consensus estimates of $8.21 by $3.74. The Goldman Sachs Group had a return on equity of 11.39% and a net margin of 9.89%. The firm had revenue of $13.87 billion during the quarter, compared to analyst estimates of $12.36 billion. During the same period last year, the company earned $5.48 earnings per share. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. On average, sell-side analysts anticipate that The Goldman Sachs Group, Inc. will post 37.24 earnings per share for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 28th will be issued a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.91%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s payout ratio is 35.21%.

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.