Pennsylvania Trust Co lowered its holdings in shares of Goldman Sachs Group Inc (NYSE:GS) by 8.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,393 shares of the investment management company’s stock after selling 684 shares during the period. Pennsylvania Trust Co’s holdings in Goldman Sachs Group were worth $1,883,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of GS. Sumitomo Mitsui Financial Group Inc. bought a new stake in Goldman Sachs Group during the 2nd quarter worth $101,000. Sterling Investment Advisors Ltd. grew its position in Goldman Sachs Group by 35.7% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 475 shares of the investment management company’s stock worth $105,000 after acquiring an additional 125 shares during the last quarter. Gs Investments Inc. bought a new stake in Goldman Sachs Group during the 2nd quarter worth $111,000. First Personal Financial Services grew its position in Goldman Sachs Group by 230.2% during the 2nd quarter. First Personal Financial Services now owns 525 shares of the investment management company’s stock worth $116,000 after acquiring an additional 366 shares during the last quarter. Finally, FNY Managed Accounts LLC grew its position in Goldman Sachs Group by 605.1% during the 2nd quarter. FNY Managed Accounts LLC now owns 557 shares of the investment management company’s stock worth $123,000 after acquiring an additional 478 shares during the last quarter. Institutional investors and hedge funds own 73.28% of the company’s stock.

A number of equities research analysts recently weighed in on GS shares. Credit Suisse Group lowered Goldman Sachs Group from an “outperform” rating to a “neutral” rating and boosted their price objective for the stock from $240.00 to $255.00 in a research report on Monday, October 9th. They noted that the move was a valuation call. Vining Sparks reiterated a “hold” rating and issued a $270.00 price target on shares of Goldman Sachs Group in a research report on Monday, January 8th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $240.00 price target on shares of Goldman Sachs Group in a research report on Thursday, October 19th. BMO Capital Markets upped their price target on Goldman Sachs Group from $202.00 to $217.00 and gave the company a “market perform” rating in a research report on Wednesday, October 18th. Finally, Zacks Investment Research lowered Goldman Sachs Group from a “buy” rating to a “hold” rating in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $250.89.

Goldman Sachs Group Inc (NYSE:GS) opened at $253.65 on Thursday. The stock has a market capitalization of $95,680.00, a PE ratio of 13.18, a PEG ratio of 0.94 and a beta of 1.47. The company has a debt-to-equity ratio of 2.82, a current ratio of 0.90 and a quick ratio of 0.90. Goldman Sachs Group Inc has a 52 week low of $209.62 and a 52 week high of $262.14.

Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 17th. The investment management company reported $5.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.14 by $0.54. The company had revenue of $7.83 billion for the quarter, compared to the consensus estimate of $7.64 billion. Goldman Sachs Group had a return on equity of 11.34% and a net margin of 26.42%. The firm’s revenue was down 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned $5.08 EPS. sell-side analysts predict that Goldman Sachs Group Inc will post 18.98 earnings per share for the current fiscal year.

In other news, Vice Chairman Richard J. Gnodde sold 5,718 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $238.99, for a total value of $1,366,544.82. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Chairman Lloyd C. Blankfein sold 20,794 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $238.38, for a total value of $4,956,873.72. The disclosure for this sale can be found here. Insiders sold a total of 130,226 shares of company stock worth $31,247,168 over the last three months. 2.57% of the stock is owned by company insiders.

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About Goldman Sachs Group

The Goldman Sachs Group, Inc is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. The Company operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.

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Institutional Ownership by Quarter for Goldman Sachs Group (NYSE:GS)

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