1,060 Shares in Goldman Sachs Group Inc (GS) Acquired by Syntal Capital Partners LLC

Syntal Capital Partners LLC bought a new position in shares of Goldman Sachs Group Inc (NYSE:GS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,060 shares of the investment management company’s stock, valued at approximately $270,000.

Several other large investors also recently bought and sold shares of the business. Nomura Asset Management Co. Ltd. increased its holdings in shares of Goldman Sachs Group by 9.2% in the third quarter. Nomura Asset Management Co. Ltd. now owns 91,950 shares of the investment management company’s stock worth $21,810,000 after purchasing an additional 7,736 shares during the period. Commonwealth Bank of Australia increased its holdings in shares of Goldman Sachs Group by 5.9% in the third quarter. Commonwealth Bank of Australia now owns 79,023 shares of the investment management company’s stock worth $18,738,000 after purchasing an additional 4,390 shares during the period. Quantbot Technologies LP increased its holdings in shares of Goldman Sachs Group by 223.8% in the second quarter. Quantbot Technologies LP now owns 39,237 shares of the investment management company’s stock worth $8,706,000 after purchasing an additional 27,121 shares during the period. Tudor Investment Corp ET AL increased its holdings in shares of Goldman Sachs Group by 29.9% in the second quarter. Tudor Investment Corp ET AL now owns 20,480 shares of the investment management company’s stock worth $4,545,000 after purchasing an additional 4,714 shares during the period. Finally, YorkBridge Wealth Partners LLC increased its holdings in shares of Goldman Sachs Group by 23.8% in the second quarter. YorkBridge Wealth Partners LLC now owns 792 shares of the investment management company’s stock worth $180,000 after purchasing an additional 152 shares during the period. Hedge funds and other institutional investors own 73.28% of the company’s stock.

Shares of Goldman Sachs Group Inc (NYSE:GS) opened at $256.12 on Friday. The company has a debt-to-equity ratio of 2.82, a quick ratio of 0.90 and a current ratio of 0.90. Goldman Sachs Group Inc has a 1 year low of $209.62 and a 1 year high of $262.14. The stock has a market cap of $96,610.00, a PE ratio of 29.54, a price-to-earnings-growth ratio of 0.91 and a beta of 1.47.

Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings results on Wednesday, January 17th. The investment management company reported $5.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.90 by $0.78. Goldman Sachs Group had a net margin of 13.36% and a return on equity of 11.47%. The business had revenue of $7.83 billion during the quarter, compared to analyst estimates of $7.64 billion. During the same period in the prior year, the business posted $5.08 earnings per share. The company’s revenue was down 4.2% on a year-over-year basis. equities research analysts anticipate that Goldman Sachs Group Inc will post 21.4 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 1st will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $3.00 annualized dividend and a yield of 1.17%. Goldman Sachs Group’s payout ratio is 34.60%.

In other Goldman Sachs Group news, insider David M. Solomon sold 2,400 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $238.49, for a total transaction of $572,376.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Richard J. Gnodde sold 5,718 shares of the company’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $238.99, for a total transaction of $1,366,544.82. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 97,833 shares of company stock valued at $23,309,552. Company insiders own 2.57% of the company’s stock.

Several research analysts have recently weighed in on GS shares. BMO Capital Markets reaffirmed a “hold” rating and issued a $202.00 price target on shares of Goldman Sachs Group in a report on Friday, October 6th. Credit Suisse Group cut shares of Goldman Sachs Group from an “outperform” rating to a “neutral” rating and upped their price target for the stock from $240.00 to $255.00 in a report on Monday, October 9th. They noted that the move was a valuation call. Citigroup reaffirmed a “neutral” rating and issued a $250.00 price target (up previously from $225.00) on shares of Goldman Sachs Group in a report on Monday, October 9th. TheStreet raised Goldman Sachs Group from a “c+” rating to a “b” rating in a research note on Friday, October 13th. Finally, Morgan Stanley increased their target price on Goldman Sachs Group from $265.00 to $287.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $254.67.

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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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