Francis Financial Inc. Invests $225,000 in The Goldman Sachs Group, Inc. (NYSE:GS)

Francis Financial Inc. acquired a new position in shares of The 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 firm acquired 584 shares of the investment management company’s stock, valued at approximately $225,000.

Several other hedge funds have also made changes to their positions in the business. BKM Wealth Management LLC acquired a new position in The Goldman Sachs Group in the fourth quarter valued at $32,000. Cambridge Trust Co. boosted its holdings in The Goldman Sachs Group by 82.0% in the third quarter. Cambridge Trust Co. now owns 91 shares of the investment management company’s stock valued at $29,000 after acquiring an additional 41 shares during the last quarter. Truvestments Capital LLC boosted its holdings in The Goldman Sachs Group by 88.0% in the third quarter. Truvestments Capital LLC now owns 94 shares of the investment management company’s stock valued at $31,000 after acquiring an additional 44 shares during the last quarter. Pacific Center for Financial Services acquired a new position in The Goldman Sachs Group in the first quarter valued at $33,000. Finally, First Capital Advisors Group LLC. acquired a new position in shares of The Goldman Sachs Group during the second quarter worth about $34,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. JPMorgan Chase & Co. boosted their price objective on The Goldman Sachs Group from $421.00 to $424.00 and gave the stock an “overweight” rating in a research note on Thursday, March 21st. JMP Securities restated a “market outperform” rating and set a $440.00 price objective on shares of The Goldman Sachs Group in a research note on Wednesday, January 17th. Daiwa Capital Markets upgraded The Goldman Sachs Group from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $410.00 to $430.00 in a research note on Thursday, March 14th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $390.00 target price on shares of The Goldman Sachs Group in a research report on Wednesday. Finally, Oppenheimer dropped their target price on The Goldman Sachs Group from $506.00 to $446.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 19th. Six equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat, The Goldman Sachs Group has an average rating of “Moderate Buy” and an average price target of $411.10.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $417.69 on Friday. The company’s fifty day moving average is $388.58 and its two-hundred day moving average is $357.54. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 2.29. The Goldman Sachs Group, Inc. has a 12-month low of $289.36 and a 12-month high of $419.20. The company has a market cap of $135.55 billion, a P/E ratio of 18.30, a price-to-earnings-growth ratio of 1.59 and a beta of 1.42.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Tuesday, January 16th. The investment management company reported $5.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.62 by $1.86. The business had revenue of $11.32 billion during the quarter, compared to analyst estimates of $10.80 billion. The Goldman Sachs Group had a return on equity of 8.03% and a net margin of 7.85%. The Goldman Sachs Group’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $3.32 earnings per share. Equities analysts expect that The Goldman Sachs Group, Inc. will post 33.13 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 29th were given a dividend of $2.75 per share. This represents a $11.00 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend was Wednesday, February 28th. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 48.20%.

Insider Transactions at The Goldman Sachs Group

In other The Goldman Sachs Group news, insider Brian J. Lee sold 3,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $376.39, for a total value of $1,129,170.00. Following the sale, the insider now directly owns 10,121 shares in the company, valued at $3,809,443.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Brian J. Lee sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $376.39, for a total value of $1,129,170.00. Following the transaction, the insider now owns 10,121 shares of the company’s stock, valued at approximately $3,809,443.19. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sheara J. Fredman sold 4,300 shares of the business’s stock in a transaction dated Tuesday, January 23rd. The stock was sold at an average price of $380.15, for a total value of $1,634,645.00. Following the transaction, the chief accounting officer now owns 11,463 shares of the company’s stock, valued at $4,357,659.45. The disclosure for this sale can be found here. In the last quarter, insiders have sold 38,907 shares of company stock valued at $15,080,021. 0.54% of the stock is owned by corporate insiders.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.