WoodTrust Financial Corp Raises Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

WoodTrust Financial Corp lifted its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,606 shares of the investment management company’s stock after buying an additional 241 shares during the period. The Goldman Sachs Group makes up 1.2% of WoodTrust Financial Corp’s portfolio, making the stock its 26th biggest position. WoodTrust Financial Corp’s holdings in The Goldman Sachs Group were worth $8,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Waldron Private Wealth LLC grew its holdings in The Goldman Sachs Group by 0.8% in the 2nd quarter. Waldron Private Wealth LLC now owns 2,399 shares of the investment management company’s stock valued at $1,085,000 after buying an additional 20 shares during the last quarter. First Pacific Financial increased its position in The Goldman Sachs Group by 0.6% during the third quarter. First Pacific Financial now owns 3,167 shares of the investment management company’s stock worth $1,568,000 after acquiring an additional 20 shares during the period. Krane Funds Advisors LLC raised its stake in The Goldman Sachs Group by 1.7% during the 3rd quarter. Krane Funds Advisors LLC now owns 1,177 shares of the investment management company’s stock valued at $583,000 after purchasing an additional 20 shares during the last quarter. Tanager Wealth Management LLP boosted its holdings in The Goldman Sachs Group by 3.6% in the 3rd quarter. Tanager Wealth Management LLP now owns 569 shares of the investment management company’s stock valued at $282,000 after purchasing an additional 20 shares during the period. Finally, M3 Advisory Group LLC grew its position in The Goldman Sachs Group by 3.9% in the third quarter. M3 Advisory Group LLC now owns 564 shares of the investment management company’s stock valued at $279,000 after acquiring an additional 21 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on GS. Citigroup boosted their target price on shares of The Goldman Sachs Group from $460.00 to $485.00 and gave the company a “neutral” rating in a research note on Tuesday, July 16th. Morgan Stanley upped their price target on shares of The Goldman Sachs Group from $560.00 to $570.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $500.00 price target on shares of The Goldman Sachs Group in a research note on Tuesday, July 30th. Oppenheimer raised their price objective on shares of The Goldman Sachs Group from $614.00 to $661.00 and gave the company an “outperform” rating in a research note on Tuesday. Finally, Keefe, Bruyette & Woods lifted their target price on shares of The Goldman Sachs Group from $555.00 to $570.00 and gave the stock an “outperform” rating in a report on Wednesday, October 16th. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $527.63.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Brian J. Lee sold 2,000 shares of The Goldman Sachs Group stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $530.90, for a total value of $1,061,800.00. Following the sale, the insider now directly owns 10,095 shares in the company, valued at approximately $5,359,435.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Trading Up 13.1 %

NYSE:GS opened at $595.98 on Thursday. The business’s 50-day simple moving average is $504.77 and its 200-day simple moving average is $480.57. The Goldman Sachs Group, Inc. has a fifty-two week low of $319.66 and a fifty-two week high of $598.60. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.11 and a quick ratio of 0.72. The stock has a market capitalization of $188.21 billion, a PE ratio of 17.49, a price-to-earnings-growth ratio of 0.74 and a beta of 1.35.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 15th. The investment management company reported $8.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.89 by $1.51. The Goldman Sachs Group had a net margin of 9.89% and a return on equity of 11.05%. The company had revenue of $12.70 billion during the quarter, compared to the consensus estimate of $11.77 billion. During the same quarter in the prior year, the firm earned $5.47 earnings per share. The firm’s revenue was up 7.4% compared to the same quarter last year. Sell-side analysts expect that The Goldman Sachs Group, Inc. will post 37.14 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Monday, December 2nd will be given a dividend of $3.00 per share. This represents a $12.00 dividend on an annualized basis and a yield of 2.01%. The ex-dividend date of this dividend is Monday, December 2nd. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 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.