Chicago Capital LLC Has $1.22 Million Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Chicago Capital LLC raised its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 43.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,135 shares of the investment management company’s stock after purchasing an additional 648 shares during the period. Chicago Capital LLC’s holdings in The Goldman Sachs Group were worth $1,223,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. FSM Wealth Advisors LLC raised its position in The Goldman Sachs Group by 4.6% in the 4th quarter. FSM Wealth Advisors LLC now owns 429 shares of the investment management company’s stock valued at $263,000 after buying an additional 19 shares during the last quarter. KPP Advisory Services LLC bought a new position in shares of The Goldman Sachs Group during the 4th quarter worth approximately $220,000. HHM Wealth Advisors LLC raised its holdings in shares of The Goldman Sachs Group by 33.3% in the fourth quarter. HHM Wealth Advisors LLC now owns 212 shares of the investment management company’s stock valued at $121,000 after purchasing an additional 53 shares during the last quarter. CFM Wealth Partners LLC lifted its position in shares of The Goldman Sachs Group by 18.8% in the fourth quarter. CFM Wealth Partners LLC now owns 2,951 shares of the investment management company’s stock worth $1,690,000 after purchasing an additional 468 shares in the last quarter. Finally, CCG Wealth Management LLC bought a new position in The Goldman Sachs Group in the fourth quarter valued at $219,000. 71.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other The Goldman Sachs Group news, insider Alex S. Golten sold 5,208 shares of the stock in a transaction dated 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 $2,255,506.25. This represents a 59.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Treasurer Carey Halio sold 3,640 shares of the business’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 completion of the transaction, the treasurer now owns 4,552 shares of the company’s stock, 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. Insiders have sold 40,865 shares of company stock valued at $25,286,862 over the last 90 days. 0.54% of the stock is owned by corporate insiders.

The Goldman Sachs Group Stock Down 1.3 %

GS stock opened at $632.25 on Tuesday. The business’s fifty day moving average price is $596.07 and its two-hundred day moving average price is $541.71. The stock has a market capitalization of $196.28 billion, a price-to-earnings ratio of 15.59, a PEG ratio of 0.89 and a beta of 1.38. The Goldman Sachs Group, Inc. has a fifty-two week low of $375.20 and a fifty-two week high of $650.00. 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 Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 earnings per share for the quarter, topping the consensus estimate of $8.21 by $3.74. The business had revenue of $13.87 billion during the quarter, compared to analysts’ expectations of $12.36 billion. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business’s revenue was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.48 EPS. On average, equities analysts anticipate that The Goldman Sachs Group, Inc. will post 47.1 earnings per share for the current year.

The Goldman Sachs Group Announces Dividend

The business 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 $3.00 dividend. This represents a $12.00 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 29.59%.

Analyst Ratings Changes

GS has been the subject of a number of recent research reports. Bank of America increased their price objective 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 lowered The Goldman Sachs Group from a “buy” rating to a “hold” rating and boosted their price target for the stock from $569.00 to $608.00 in a research report on Tuesday, November 26th. Citigroup increased their price objective on The Goldman Sachs Group from $485.00 to $585.00 and gave the company a “neutral” rating in a report on Thursday, November 21st. Hsbc Global Res lowered shares of The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Finally, Wells Fargo & Company lifted their price objective on shares of 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. Eight investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $591.06.

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.