Kelleher Financial Advisors boosted its holdings in The Goldman Sachs Group, Inc. (NYSE:GS – Free Report) by 619.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,791 shares of the investment management company’s stock after acquiring an additional 1,542 shares during the period. Kelleher Financial Advisors’ holdings in The Goldman Sachs Group were worth $1,574,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Nvwm LLC increased its holdings in shares of The Goldman Sachs Group by 4.6% during the fourth quarter. Nvwm LLC now owns 885 shares of the investment management company’s stock worth $778,000 after purchasing an additional 39 shares during the period. Princeton Global Asset Management LLC boosted its stake in shares of The Goldman Sachs Group by 2.9% in the fourth quarter. Princeton Global Asset Management LLC now owns 2,063 shares of the investment management company’s stock valued at $1,814,000 after buying an additional 59 shares during the period. Ascent Group LLC grew its position in The Goldman Sachs Group by 3.8% during the fourth quarter. Ascent Group LLC now owns 5,976 shares of the investment management company’s stock worth $5,253,000 after buying an additional 217 shares in the last quarter. JB Capital LLC bought a new position in The Goldman Sachs Group during the 4th quarter worth $204,000. Finally, Sovran Advisors LLC increased its stake in The Goldman Sachs Group by 11.7% during the 4th quarter. Sovran Advisors LLC now owns 371 shares of the investment management company’s stock worth $362,000 after acquiring an additional 39 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.
Insider Activity at The Goldman Sachs Group
In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 4,863 shares of the stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $923.75, for a total transaction of $4,492,196.25. Following the completion of the sale, the chief accounting officer owned 10,301 shares of the company’s stock, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David A. Viniar sold 45,000 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $965.33, for a total transaction of $43,439,850.00. Following the transaction, the director owned 555,000 shares of the company’s stock, valued at approximately $535,758,150. The trade was a 7.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 117,283 shares of company stock valued at $112,016,033 over the last ninety days. Insiders own 0.55% of the company’s stock.
The Goldman Sachs Group News Summary
- Positive Sentiment: Goldman finalized its purchase of Innovator, expanding its ETF lineup and adding substantial defined‑outcome ETF assets — a move that immediately enlarges GSAM’s product shelf and recurring fee base. Goldman Sachs Buys Innovator, Adds $31 Billion In Defined Outcome ETFs
- Positive Sentiment: Fee‑rich advisory and capital‑markets activity: Goldman is advising on Golar LNG strategic alternatives, participating in SpaceX’s planned IPO underwriting and has been issuing new debt — all actions that support near‑term fee revenue and demonstrate deal flow. Should Goldman’s Expanding LNG and Space Deals Plus New Debt Issuance Require Action From Goldman Sachs (GS) Investors?
- Neutral Sentiment: Goldman’s prime brokerage data show hedge funds rapidly cutting global equity exposure — this highlights market volatility that can reduce trading volumes/seasonality but also boosts demand for risk‑management services. Hedge funds bail from global stocks at fastest pace in 13 years
- Neutral Sentiment: Goldman disclosed sizable institutional spot XRP ETF holdings (~$153.8M across funds), signalling continued crypto exposure in its asset/wealth business; this may attract inflows but also regulatory/market volatility. XRP Price Prediction: Goldman Sachs Holds $153M in XRP ETFs
- Negative Sentiment: Analyst pressure: Morgan Stanley trimmed its price target on GS, reflecting mixed views on near‑term valuation and earnings cadence — a catalyst that can sap momentum among institutional holders. Morgan Stanley Cuts The Goldman Sachs Group (NYSE:GS) Price Target to $1,021.00
- Negative Sentiment: HSBC published a pessimistic forecast on GS stock, adding to mixed analyst sentiment and potential selling pressure from cautious investors. HSBC Issues Pessimistic Forecast for The Goldman Sachs Group (NYSE:GS) Stock Price
- Negative Sentiment: Security concerns in Europe: Paris offices were warned and some staff told to work from home after reported threats — an operational and reputational headwind that can briefly unsettle investors. Goldman and Citi tell Paris staff to work from home after thwarted BofA attack
Wall Street Analysts Forecast Growth
GS has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their target price on The Goldman Sachs Group from $898.00 to $1,087.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Morgan Stanley dropped their price target on The Goldman Sachs Group from $1,078.00 to $1,021.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a research report on Monday, December 22nd. Argus increased their price objective on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Finally, Barclays raised their target price on shares of The Goldman Sachs Group from $850.00 to $1,048.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Eight research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $929.52.
Check Out Our Latest Analysis on GS
The Goldman Sachs Group Price Performance
GS stock opened at $863.92 on Friday. The company has a market capitalization of $254.85 billion, a P/E ratio of 16.84, a PEG ratio of 1.13 and a beta of 1.32. The company has a fifty day moving average price of $874.90 and a 200-day moving average price of $851.05. 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, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70.
The Goldman Sachs Group (NYSE:GS – Get Free Report) last issued 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 company had revenue of $15.71 billion for 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 for the quarter was down 3.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $11.95 earnings per share. As a group, equities analysts expect that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current year.
The Goldman Sachs Group Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Monday, March 2nd were paid a $4.50 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a dividend yield of 2.1%. The Goldman Sachs Group’s payout ratio is currently 35.09%.
The Goldman Sachs Group Company 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.
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