Triglav Investments D.O.O. Raises Holdings in The Goldman Sachs Group, Inc. $GS

Triglav Investments D.O.O. grew its holdings in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 25.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,340 shares of the investment management company’s stock after purchasing an additional 9,887 shares during the quarter. The Goldman Sachs Group comprises about 2.6% of Triglav Investments D.O.O.’s portfolio, making the stock its 10th biggest position. Triglav Investments D.O.O.’s holdings in The Goldman Sachs Group were worth $39,290,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Brighton Jones LLC grew its position in shares of The Goldman Sachs Group by 17.1% during the 4th quarter. Brighton Jones LLC now owns 3,474 shares of the investment management company’s stock worth $1,989,000 after buying an additional 508 shares during the period. Revolve Wealth Partners LLC grew its stake in The Goldman Sachs Group by 7.0% in the fourth quarter. Revolve Wealth Partners LLC now owns 888 shares of the investment management company’s stock valued at $508,000 after acquiring an additional 58 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of The Goldman Sachs Group by 90.1% during the second quarter. Sivia Capital Partners LLC now owns 1,551 shares of the investment management company’s stock valued at $1,098,000 after acquiring an additional 735 shares in the last quarter. Country Club Bank bought a new stake in shares of The Goldman Sachs Group during the second quarter valued at approximately $238,000. Finally, Venturi Wealth Management LLC raised its position in shares of The Goldman Sachs Group by 2.0% during the second quarter. Venturi Wealth Management LLC now owns 2,617 shares of the investment management company’s stock worth $1,852,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 71.21% of the company’s stock.

More The Goldman Sachs Group News

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Insider Buying and Selling at The Goldman Sachs Group

In related news, CAO Sheara J. Fredman sold 4,863 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $923.75, for a total value of $4,492,196.25. Following the transaction, the chief accounting officer owned 10,301 shares in the company, valued at approximately $9,515,548.75. This represents a 32.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO David M. Solomon sold 272 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $938.92, for a total value of $255,386.24. Following the completion of the sale, the chief executive officer owned 125,527 shares in the company, valued at approximately $117,859,810.84. The trade was a 0.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 87,513 shares of company stock valued at $83,718,401 in the last three months. 0.55% of the stock is owned by corporate insiders.

The Goldman Sachs Group Trading Down 2.9%

Shares of GS stock opened at $911.91 on Thursday. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.65 and a current ratio of 1.13. The company has a market capitalization of $273.51 billion, a price-to-earnings ratio of 17.78, a PEG ratio of 1.15 and a beta of 1.34. The Goldman Sachs Group, Inc. has a 52-week low of $439.38 and a 52-week high of $984.70. The company has a 50-day simple moving average of $905.73 and a two-hundred day simple moving average of $813.87.

The Goldman Sachs Group (NYSE:GSGet Free Report) last issued its quarterly earnings results on Thursday, January 15th. The investment management company reported $13.55 EPS for the quarter, beating analysts’ consensus estimates of $11.52 by $2.03. The Goldman Sachs Group had a return on equity of 15.19% and a net margin of 13.73%.The company had revenue of $15.71 billion during the quarter, compared to the consensus estimate of $14.30 billion. During the same period last year, the business posted $11.95 earnings per share. The Goldman Sachs Group’s revenue was down 3.0% on a year-over-year basis. Research analysts anticipate that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Monday, March 2nd will be given a dividend of $4.50 per share. The ex-dividend date is Monday, March 2nd. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. This represents a $18.00 annualized dividend and a yield of 2.0%. The Goldman Sachs Group’s dividend payout ratio (DPR) is currently 31.20%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Argus lifted their price target on shares of The Goldman Sachs Group from $863.00 to $1,066.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Keefe, Bruyette & Woods raised their price objective on shares of The Goldman Sachs Group from $971.00 to $1,000.00 and gave the company a “market perform” rating in a research note on Friday, January 16th. Evercore ISI reiterated an “outperform” rating on shares of The Goldman Sachs Group in a report on Friday, January 16th. Rothschild & Co Redburn boosted their target price on shares of The Goldman Sachs Group from $608.00 to $748.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Bank of America raised their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the company a “buy” rating in a research report on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $907.43.

View Our Latest Stock Report on The Goldman Sachs Group

The Goldman Sachs Group Company Profile

(Free Report)

The Goldman Sachs Group, Inc is a global investment banking and financial services firm headquartered in New York City. Founded in 1869 as a commercial paper business, the company has grown into a diversified financial institution that provides a broad range of services to corporations, financial institutions, governments and individuals. The firm is led by Chief Executive Officer David M. Solomon and operates across major financial centers worldwide.

Goldman Sachs’ core businesses include investment banking, global markets, asset and wealth management, and consumer banking.

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

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