Liberty Mutual Group Asset Management Inc. Has $3.65 Million Stake in Goldman Sachs Group Inc (GS)

Liberty Mutual Group Asset Management Inc. decreased its holdings in shares of Goldman Sachs Group Inc (NYSE:GS) by 12.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,340 shares of the investment management company’s stock after selling 2,020 shares during the quarter. Liberty Mutual Group Asset Management Inc.’s holdings in Goldman Sachs Group were worth $3,653,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the company. Nomura Asset Management Co. Ltd. boosted its holdings in 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 valued at $21,810,000 after acquiring an additional 7,736 shares during the last quarter. Commonwealth Bank of Australia boosted its holdings in 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 valued at $18,738,000 after acquiring an additional 4,390 shares during the last quarter. Tudor Investment Corp ET AL boosted its holdings in 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 valued at $4,545,000 after acquiring an additional 4,714 shares during the last quarter. YorkBridge Wealth Partners LLC boosted its holdings in 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 valued at $180,000 after acquiring an additional 152 shares during the last quarter. Finally, Stillwater Investment Management LLC boosted its holdings in Goldman Sachs Group by 5.8% in the fourth quarter. Stillwater Investment Management LLC now owns 11,482 shares of the investment management company’s stock valued at $2,925,000 after acquiring an additional 632 shares during the last quarter. Institutional investors and hedge funds own 72.36% of the company’s stock.

Shares of Goldman Sachs Group Inc (GS) opened at $266.77 on Friday. Goldman Sachs Group Inc has a 52-week low of $209.62 and a 52-week high of $273.79. The stock has a market capitalization of $100,626.17, a PE ratio of 13.47, a PEG ratio of 0.96 and a beta of 1.37. 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 (NYSE:GS) last announced its quarterly earnings data on Wednesday, January 17th. The investment management company reported $5.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.90 by $0.78. The firm had revenue of $7.83 billion during the quarter, compared to analyst estimates of $7.64 billion. Goldman Sachs Group had a return on equity of 11.47% and a net margin of 13.36%. Goldman Sachs Group’s quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the previous year, the company earned $5.08 earnings per share. research analysts predict that Goldman Sachs Group Inc will post 21.56 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 1st will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 1.12%. The ex-dividend date is Wednesday, February 28th. Goldman Sachs Group’s dividend payout ratio is currently 34.84%.

In related news, insider Brian J. Lee sold 6,738 shares of the business’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $263.92, for a total value of $1,778,292.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David A. Viniar sold 17,500 shares of the business’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $251.19, for a total value of $4,395,825.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 79,148 shares of company stock valued at $20,896,544. 2.57% of the stock is owned by corporate insiders.

A number of research analysts have commented on the company. Instinet restated an “outperform” rating and set a $225.00 price objective (down previously from $238.00) on shares of Goldman Sachs Group in a research note on Thursday, January 4th. Zacks Investment Research cut Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. Vining Sparks restated a “hold” rating and set a $270.00 price objective on shares of Goldman Sachs Group in a research note on Monday, January 8th. Barclays boosted their price objective on Goldman Sachs Group from $262.00 to $308.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 2nd. Finally, Royal Bank of Canada boosted their price objective on Goldman Sachs Group to $265.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 18th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $257.06.

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Goldman Sachs Group Company Profile

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.

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

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