Capitolis Liquid Global Markets LLC Has $82.14 Million Stock Position in The Goldman Sachs Group, Inc. $GS

Capitolis Liquid Global Markets LLC increased its holdings in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 3,174.6% in the third quarter, HoldingsChannel reports. The firm owned 103,150 shares of the investment management company’s stock after buying an additional 100,000 shares during the period. Capitolis Liquid Global Markets LLC’s holdings in The Goldman Sachs Group were worth $82,144,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC raised its stake in The Goldman Sachs Group by 17.1% in the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock valued at $1,989,000 after acquiring an additional 508 shares during the period. Revolve Wealth Partners LLC boosted its position in The Goldman Sachs Group by 7.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock worth $508,000 after purchasing an additional 58 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of The Goldman Sachs Group by 90.1% in the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after purchasing an additional 735 shares during the last quarter. Schnieders Capital Management LLC. raised its position in shares of The Goldman Sachs Group by 9.3% in the second quarter. Schnieders Capital Management LLC. now owns 821 shares of the investment management company’s stock valued at $581,000 after purchasing an additional 70 shares during the period. Finally, Good Life Advisors LLC lifted its stake in shares of The Goldman Sachs Group by 9.7% during the 2nd quarter. Good Life Advisors LLC now owns 948 shares of the investment management company’s stock worth $671,000 after buying an additional 84 shares during the last quarter. Institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Down 0.7%

Shares of NYSE GS opened at $781.99 on Friday. The stock has a market capitalization of $232.06 billion, a P/E ratio of 15.25, a PEG ratio of 0.96 and a beta of 1.34. The stock’s fifty day moving average is $910.83 and its 200 day moving average is $843.68. The Goldman Sachs Group, Inc. has a 52 week low of $439.38 and a 52 week high of $984.70. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.66 and a current ratio of 0.66.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Thursday, January 15th. The investment management company reported $13.55 earnings per share for the quarter, topping the consensus estimate of $11.52 by $2.03. The business had revenue of $15.71 billion during the quarter, compared to analysts’ expectations of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.72%. The Goldman Sachs Group’s revenue was down 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $11.95 earnings per share. Sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Monday, March 2nd will be issued a dividend of $4.50 per share. This is a boost from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $18.00 dividend on an annualized basis and a dividend yield of 2.3%. The Goldman Sachs Group’s payout ratio is currently 35.09%.

Insider Activity at The Goldman Sachs Group

In related news, CFO Denis P. Coleman sold 11,623 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $941.57, for a total transaction of $10,943,868.11. Following the sale, the chief financial officer owned 29,342 shares in the company, valued at approximately $27,627,546.94. This trade represents a 28.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP John F.W. Rogers sold 13,151 shares of The Goldman Sachs Group stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $959.03, for a total transaction of $12,612,203.53. Following the completion of the transaction, the executive vice president directly owned 39,007 shares in the company, valued at $37,408,883.21. This trade represents a 25.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 117,283 shares of company stock worth $112,016,033 in the last 90 days. Corporate insiders own 0.55% of the company’s stock.

Analysts Set New Price Targets

GS has been the topic of a number of research reports. Barclays upped their price target on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. JPMorgan Chase & Co. boosted their price target on The Goldman Sachs Group from $815.00 to $826.00 and gave the company a “neutral” rating in a research note on Tuesday, March 10th. Royal Bank Of Canada upped their price objective on The Goldman Sachs Group from $900.00 to $1,030.00 and gave the company a “sector perform” rating in a report on Tuesday, January 20th. Finally, Evercore reissued an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $919.29.

Trending Headlines about The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman highlights that the current energy supply shock should spur investment in grid infrastructure and storage — a potential source of advisory, underwriting and asset-management fees for GS. Current energy supply shock will drive investment into grid infrastructure and storage solutions: GS
• Positive Sentiment: Several pieces note GS is deeply oversold technically and that analysts remain constructive (recent price-targets above current levels), which could support a relief rally if markets stabilize or capital-markets activity picks up. Bargain Alert: Wells Fargo and Goldman Sachs Look Deeply Oversold
• Neutral Sentiment: Governance update — board member Lakshmi Mittal announced retirement. Routine board turnover can be relevant for long-term governance but is unlikely to drive immediate price action. Goldman Sachs Announces Retirement of Board Member Mittal
• Neutral Sentiment: Goldman trimmed a derivative-based stake in Siemens Energy to just under 5% — a portfolio move that signals repositioning but is not a major earnings driver for GS itself. Goldman Sachs Trims Derivative-Based Stake in Siemens Energy to Just Under 5%
• Negative Sentiment: Immediate sell pressure was linked to investor worries about the stability of the private credit market after a key bank announcement — contagion concerns in private markets tend to hit large universal banks and asset managers. Why Goldman Sachs (GS) Shares Are Sliding Today
• Negative Sentiment: Goldman’s elevated oil-price forecasts and widespread supply-shock commentary (Brent near $100+ forecasts and warning of much higher spikes) have helped push Treasury yields and a risk-off tone — that environment has weighed on financials and contributed to GS’s intraday weakness. Goldman Sachs forecasts oil at $100 a barrel for March
• Negative Sentiment: Macroeconomic outlook shifts — Goldman pushed back its Fed rate-cut timeline (now expecting cuts later in the year), which, together with oil-driven inflation risk, is keeping markets cautious and depressing risk assets including bank stocks. Goldman now sees first Fed rate cut in September, not June

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.