B.O.S.S. Retirement Advisors LLC Has $268,000 Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

B.O.S.S. Retirement Advisors LLC lowered its stake in The Goldman Sachs Group, Inc. (NYSE:GS) by 95.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 467 shares of the investment management company’s stock after selling 10,240 shares during the quarter. B.O.S.S. Retirement Advisors LLC’s holdings in The Goldman Sachs Group were worth $268,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. West Branch Capital LLC bought a new position in shares of The Goldman Sachs Group in the third quarter worth about $30,000. DT Investment Partners LLC increased its stake in shares of The Goldman Sachs Group by 110.0% in the third quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock worth $31,000 after purchasing an additional 33 shares during the period. Truvestments Capital LLC bought a new position in shares of The Goldman Sachs Group in the third quarter worth about $34,000. Country Trust Bank bought a new position in The Goldman Sachs Group during the third quarter valued at about $37,000. Finally, Hershey Financial Advisers LLC bought a new position in The Goldman Sachs Group during the second quarter valued at about $38,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity at The Goldman Sachs Group

In other The Goldman Sachs Group news, Treasurer Carey Halio sold 1,545 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $624.67, for a total transaction of $965,115.15. Following the completion of the transaction, the treasurer now owns 8,192 shares in the company, valued at approximately $5,117,296.64. This represents a 15.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kathryn H. Ruemmler sold 7,498 shares of the stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $634.69, for a total value of $4,758,905.62. Following the transaction, the insider now owns 9,589 shares of the company’s stock, valued at approximately $6,086,042.41. This trade represents a 43.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,017 shares of company stock worth $19,655,538 in the last quarter. Corporate insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Stock Performance

Shares of The Goldman Sachs Group stock opened at $636.80 on Friday. The firm has a fifty day moving average of $591.21 and a two-hundred day moving average of $535.67. The stock has a market capitalization of $199.90 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 0.88 and a beta of 1.38. The Goldman Sachs Group, Inc. has a 52 week low of $374.24 and a 52 week high of $645.54. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.67 and a current ratio of 0.67.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings data on Wednesday, January 15th. The investment management company reported $11.95 EPS for the quarter, beating analysts’ consensus estimates of $8.21 by $3.74. The Goldman Sachs Group had a net margin of 11.32% and a return on equity of 13.30%. The business had revenue of $13.87 billion during the quarter, compared to analysts’ expectations of $12.36 billion. During the same quarter in the prior year, the company earned $5.48 EPS. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 46.81 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 28th will be given a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Friday, February 28th. The Goldman Sachs Group’s dividend payout ratio is currently 29.59%.

Analysts Set New Price Targets

Several brokerages recently issued reports on GS. Citigroup boosted their price target on The Goldman Sachs Group from $485.00 to $585.00 and gave the company a “neutral” rating in a research note on Thursday, November 21st. Morgan Stanley upped their price objective on The Goldman Sachs Group from $736.00 to $782.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Evercore ISI upped their price objective on The Goldman Sachs Group from $520.00 to $575.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Barclays upped their price objective on The Goldman Sachs Group from $713.00 to $760.00 and gave the company an “overweight” rating in a research note on Thursday, January 16th. Finally, HSBC downgraded The Goldman Sachs Group from a “buy” rating to a “hold” rating and boosted their target price for the stock from $569.00 to $608.00 in a report on Tuesday, November 26th. Eight analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $591.06.

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.