453 Shares in The Goldman Sachs Group, Inc. (NYSE:GS) Acquired by Numerai GP LLC

Numerai GP LLC acquired a new position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 453 shares of the investment management company’s stock, valued at approximately $259,000.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of The Goldman Sachs Group in the fourth quarter valued at $1,603,315,000. Castlekeep Investment Advisors LLC acquired a new position in The Goldman Sachs Group in the 4th quarter valued at about $944,334,000. Raymond James Financial Inc. purchased a new position in The Goldman Sachs Group in the 4th quarter valued at about $624,844,000. Proficio Capital Partners LLC boosted its stake in shares of The Goldman Sachs Group by 14,007.0% during the 4th quarter. Proficio Capital Partners LLC now owns 1,059,716 shares of the investment management company’s stock worth $606,815,000 after purchasing an additional 1,052,204 shares during the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of The Goldman Sachs Group by 214.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,294,084 shares of the investment management company’s stock worth $741,018,000 after buying an additional 882,099 shares in the last quarter. 71.21% of the stock is currently owned by hedge funds and other institutional investors.

The Goldman Sachs Group Trading Up 0.7%

NYSE:GS opened at $615.69 on Friday. The Goldman Sachs Group, Inc. has a 12 month low of $437.37 and a 12 month high of $672.19. The business’s 50-day moving average is $539.36 and its two-hundred day moving average is $578.37. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $188.92 billion, a PE ratio of 15.18, a price-to-earnings-growth ratio of 0.89 and a beta of 1.32.

The Goldman Sachs Group (NYSE:GS) last announced its earnings results on Monday, April 14th. The investment management company reported $14.12 EPS for the quarter, beating the consensus estimate of $12.57 by $1.55. The business had revenue of $15.06 billion for the quarter, compared to the consensus estimate of $14.99 billion. The Goldman Sachs Group had a return on equity of 13.30% and a net margin of 11.32%. During the same period last year, the business posted $11.58 EPS. Research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 earnings per share for the current fiscal year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, May 30th will be paid a $3.00 dividend. The ex-dividend date is Friday, May 30th. This represents a $12.00 annualized dividend and a dividend yield of 1.95%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 27.85%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on GS shares. Evercore ISI reduced their price objective on shares of The Goldman Sachs Group from $660.00 to $594.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 1st. Royal Bank of Canada reduced their price target on The Goldman Sachs Group from $610.00 to $560.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 15th. Daiwa America downgraded The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 4th. JMP Securities dropped their target price on The Goldman Sachs Group from $625.00 to $600.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. Finally, Wells Fargo & Company decreased their price target on The Goldman Sachs Group from $680.00 to $650.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 15th. Thirteen research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, The Goldman Sachs Group has an average rating of “Hold” and an average target price of $593.40.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director John B. Hess bought 3,904 shares of the business’s stock in a transaction on Tuesday, April 15th. The shares were bought at an average cost of $511.68 per share, with a total value of $1,997,598.72. Following the transaction, the director now directly owns 3,904 shares in the company, valued at approximately $1,997,598.72. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 0.55% of the company’s stock.

About The Goldman Sachs Group

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.