Glenview Trust Co reduced its stake in shares of Goldman Sachs Group Inc (NYSE:GS) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,396 shares of the investment management company’s stock after selling 2,150 shares during the quarter. Glenview Trust Co’s holdings in Goldman Sachs Group were worth $10,208,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of GS. Chicago Partners Investment Group LLC grew its holdings in Goldman Sachs Group by 3.9% during the fourth quarter. Chicago Partners Investment Group LLC now owns 1,194 shares of the investment management company’s stock worth $298,000 after acquiring an additional 45 shares during the period. Moloney Securities Asset Management LLC boosted its stake in shares of Goldman Sachs Group by 2.9% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 1,716 shares of the investment management company’s stock valued at $356,000 after buying an additional 49 shares during the period. Addison Capital Co grew its holdings in shares of Goldman Sachs Group by 0.3% during the 4th quarter. Addison Capital Co now owns 16,860 shares of the investment management company’s stock valued at $3,877,000 after acquiring an additional 49 shares in the last quarter. Cypress Asset Management Inc. TX grew its holdings in shares of Goldman Sachs Group by 2.5% during the 3rd quarter. Cypress Asset Management Inc. TX now owns 2,050 shares of the investment management company’s stock valued at $425,000 after acquiring an additional 50 shares in the last quarter. Finally, Bank OZK increased its stake in shares of Goldman Sachs Group by 1.9% in the third quarter. Bank OZK now owns 2,702 shares of the investment management company’s stock worth $560,000 after acquiring an additional 50 shares during the last quarter. Hedge funds and other institutional investors own 69.50% of the company’s stock.

GS has been the subject of a number of analyst reports. Morgan Stanley restated an “equal weight” rating and issued a $250.00 price objective (up from $244.00) on shares of Goldman Sachs Group in a research note on Monday, November 18th. Credit Suisse Group lifted their target price on shares of Goldman Sachs Group from $260.00 to $275.00 and gave the stock an “outperform” rating in a report on Thursday, January 16th. Piper Sandler boosted their target price on shares of Goldman Sachs Group from to and gave the stock an “overweight” rating in a research report on Friday, January 10th. Bank of America raised shares of Goldman Sachs Group from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $245.00 to $270.00 in a research report on Thursday, January 9th. Finally, Zacks Investment Research upgraded shares of Goldman Sachs Group from a “sell” rating to a “hold” rating and set a $235.00 price target for the company in a report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $266.41.

GS stock traded down $1.12 during trading on Friday, reaching $237.23. 18,913 shares of the stock were exchanged, compared to its average volume of 3,117,950. Goldman Sachs Group Inc has a twelve month low of $180.73 and a twelve month high of $250.46. The company has a current ratio of 1.28, a quick ratio of 0.78 and a debt-to-equity ratio of 2.30. The company has a market capitalization of $84.05 billion, a P/E ratio of 11.32, a price-to-earnings-growth ratio of 1.11 and a beta of 1.33. The stock has a 50 day simple moving average of $239.35 and a 200-day simple moving average of $219.41.

Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 15th. The investment management company reported $4.69 EPS for the quarter, missing the Zacks’ consensus estimate of $5.20 by ($0.51). The firm had revenue of $9.96 billion during the quarter, compared to the consensus estimate of $8.56 billion. Goldman Sachs Group had a return on equity of 10.27% and a net margin of 15.70%. Goldman Sachs Group’s revenue was up 23.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.04 EPS. Equities analysts predict that Goldman Sachs Group Inc will post 24.6 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be paid a $1.25 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.11%. Goldman Sachs Group’s payout ratio is 23.78%.

Goldman Sachs Group Profile

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates in four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

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

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