Diversified Trust Co Has $3.61 Million Stock Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Diversified Trust Co increased its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 4.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,643 shares of the investment management company’s stock after acquiring an additional 377 shares during the quarter. Diversified Trust Co’s holdings in The Goldman Sachs Group were worth $3,610,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First United Bank & Trust acquired a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at $26,000. Versant Capital Management Inc boosted its position in The Goldman Sachs Group by 106.3% during the first quarter. Versant Capital Management Inc now owns 66 shares of the investment management company’s stock valued at $28,000 after purchasing an additional 34 shares during the last quarter. Pineridge Advisors LLC acquired a new position in The Goldman Sachs Group in the 4th quarter worth about $29,000. BKM Wealth Management LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter worth about $32,000. Finally, Signature Resources Capital Management LLC acquired a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on GS shares. Evercore ISI increased their target price on shares of The Goldman Sachs Group from $435.00 to $440.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 16th. Morgan Stanley reduced their target price on The Goldman Sachs Group from $486.00 to $475.00 and set an “overweight” rating for the company in a report on Thursday. Keefe, Bruyette & Woods lifted their price target on shares of The Goldman Sachs Group from $485.00 to $520.00 and gave the company an “outperform” rating in a research report on Thursday. Wells Fargo & Company upped their price objective on shares of The Goldman Sachs Group from $450.00 to $504.00 and gave the stock an “overweight” rating in a report on Tuesday, May 7th. Finally, Oppenheimer upped their price target on shares of The Goldman Sachs Group from $479.00 to $517.00 and gave the company an “outperform” rating in a report on Tuesday, April 30th. Six equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $443.78.

The Goldman Sachs Group Trading Up 1.5 %

GS traded up $6.72 during trading on Monday, reaching $459.04. 712,580 shares of the company’s stock were exchanged, compared to its average volume of 2,288,101. The company’s fifty day moving average price is $449.86 and its 200-day moving average price is $411.13. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market capitalization of $148.02 billion, a PE ratio of 17.66, a P/E/G ratio of 0.91 and a beta of 1.37. The Goldman Sachs Group, Inc. has a fifty-two week low of $289.36 and a fifty-two week high of $471.48.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Monday, April 15th. The investment management company reported $11.58 EPS for the quarter, beating analysts’ consensus estimates of $8.54 by $3.04. The Goldman Sachs Group had a return on equity of 8.86% and a net margin of 8.17%. The business had revenue of $14.21 billion during the quarter, compared to the consensus estimate of $12.94 billion. During the same quarter in the prior year, the company posted $8.79 earnings per share. The firm’s revenue was up 16.1% on a year-over-year basis. As a group, equities analysts forecast that The Goldman Sachs Group, Inc. will post 36.59 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Thursday, May 30th were given a dividend of $2.75 per share. This represents a $11.00 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend was Thursday, May 30th. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 42.95%.

Insider Transactions at The Goldman Sachs Group

In other news, Director David A. Viniar sold 5,000 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $432.25, for a total transaction of $2,161,250.00. Following the completion of the transaction, the director now directly owns 623,425 shares in the company, valued at approximately $269,475,456.25. The transaction was disclosed in a document filed with the SEC, which is available at this link. In related news, major shareholder Goldman Sachs Group Inc sold 4,000,000 shares of The Goldman Sachs Group stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $6.34, for a total transaction of $25,360,000.00. Following the completion of the transaction, the insider now owns 12,981,022 shares in the company, valued at $82,299,679.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $432.25, for a total value of $2,161,250.00. Following the transaction, the director now owns 623,425 shares of the company’s stock, valued at $269,475,456.25. The disclosure for this sale can be found here. Company insiders own 0.57% of the company’s stock.

The Goldman Sachs Group Company 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.