Valley Brook Capital Group Makes New $52,000 Investment in The Goldman Sachs Group, Inc. (NYSE:GS)


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Valley Brook Capital Group acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 200 shares of the investment management company’s stock, valued at approximately $52,000.

A number of other hedge funds also recently made changes to their positions in GS. Segall Bryant & Hamill LLC grew its holdings in The Goldman Sachs Group by 5.2% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 1,296 shares of the investment management company’s stock worth $259,000 after acquiring an additional 64 shares in the last quarter. Johnson Investment Counsel Inc. boosted its holdings in shares of The Goldman Sachs Group by 12.9% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 2,382 shares of the investment management company’s stock valued at $479,000 after buying an additional 273 shares during the period. Azora Capital LP boosted its holdings in shares of The Goldman Sachs Group by 33.5% in the 3rd quarter. Azora Capital LP now owns 332,519 shares of the investment management company’s stock valued at $66,826,000 after buying an additional 83,383 shares during the period. First City Capital Management Inc. acquired a new position in shares of The Goldman Sachs Group in the 3rd quarter valued at about $350,000. Finally, Squarepoint Ops LLC boosted its holdings in shares of The Goldman Sachs Group by 181.8% in the 3rd quarter. Squarepoint Ops LLC now owns 59,995 shares of the investment management company’s stock valued at $12,057,000 after buying an additional 38,702 shares during the period. 68.05% of the stock is owned by institutional investors.

In other news, insider Laurence Stein sold 10,748 shares of The Goldman Sachs Group stock in a transaction that occurred on Tuesday, February 2nd. The shares were sold at an average price of $277.93, for a total value of $2,987,191.64. Also, EVP John F.W. Rogers sold 10,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Friday, February 19th. The stock was sold at an average price of $313.25, for a total transaction of $3,132,500.00. Over the last three months, insiders sold 40,748 shares of company stock worth $12,371,892. 0.60% of the stock is currently owned by insiders.

Several research firms have recently commented on GS. UBS Group lowered shares of The Goldman Sachs Group from a “buy” rating to a “neutral” rating and lifted their price target for the company from $320.00 to $340.00 in a report on Thursday, April 1st. Wells Fargo & Company boosted their target price on shares of The Goldman Sachs Group from $335.00 to $360.00 and gave the company an “overweight” rating in a research note on Wednesday, February 24th. DA Davidson boosted their target price on shares of The Goldman Sachs Group from $279.00 to $321.00 and gave the company a “neutral” rating in a research note on Wednesday, January 20th. Oppenheimer reissued a “buy” rating and set a $449.00 target price on shares of The Goldman Sachs Group in a research note on Wednesday, February 10th. Finally, Credit Suisse Group reissued a “buy” rating and set a $345.00 target price (up from $325.00) on shares of The Goldman Sachs Group in a research note on Wednesday, January 20th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The Goldman Sachs Group currently has an average rating of “Buy” and an average price target of $314.64.

NYSE GS opened at $326.55 on Thursday. The company has a debt-to-equity ratio of 2.63, a current ratio of 0.73 and a quick ratio of 0.73. The company’s 50 day simple moving average is $330.16 and its 200 day simple moving average is $263.63. The Goldman Sachs Group, Inc. has a 12 month low of $165.36 and a 12 month high of $356.85. The company has a market capitalization of $112.92 billion, a P/E ratio of 13.76, a PEG ratio of 0.65 and a beta of 1.50.

The Goldman Sachs Group (NYSE:GS) last released its earnings results on Monday, January 18th. The investment management company reported $12.08 EPS for the quarter, topping analysts’ consensus estimates of $7.47 by $4.61. The business had revenue of $11.74 billion for the quarter, compared to the consensus estimate of $10.07 billion. The Goldman Sachs Group had a net margin of 16.65% and a return on equity of 11.23%. The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.69 EPS. On average, analysts anticipate that The Goldman Sachs Group, Inc. will post 26.26 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 30th. Stockholders of record on Tuesday, March 2nd were given a $1.25 dividend. This represents a $5.00 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Monday, March 1st. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 23.78%.

The Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc, a financial institution, provides range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services.

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

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