ST Germain D J Co. Inc. Has $794,000 Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

ST Germain D J Co. Inc. lessened its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 7.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,387 shares of the investment management company’s stock after selling 107 shares during the quarter. ST Germain D J Co. Inc.’s holdings in The Goldman Sachs Group were worth $794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in GS. Semmax Financial Advisors Inc. acquired a new stake in The Goldman Sachs Group during the 2nd quarter valued at approximately $26,000. Headlands Technologies LLC acquired a new stake in The Goldman Sachs Group during the 2nd quarter valued at approximately $27,000. Quest Partners LLC increased its position in The Goldman Sachs Group by 6,300.0% during the 2nd quarter. Quest Partners LLC now owns 64 shares of the investment management company’s stock valued at $29,000 after purchasing an additional 63 shares during the period. West Branch Capital LLC bought a new position in shares of The Goldman Sachs Group during the 3rd quarter worth approximately $30,000. Finally, DT Investment Partners LLC boosted its holdings in shares of The Goldman Sachs Group by 110.0% during the 3rd quarter. DT Investment Partners LLC now owns 63 shares of the investment management company’s stock worth $31,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Activity

In related news, Director David A. Viniar sold 5,000 shares of The Goldman Sachs Group stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $612.08, for a total value of $3,060,400.00. Following the completion of the sale, the director now owns 608,425 shares of the company’s stock, valued at approximately $372,404,774. This trade represents a 0.82 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Brian J. Lee sold 2,000 shares of The Goldman Sachs Group stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $530.90, for a total value of $1,061,800.00. Following the completion of the sale, the insider now directly owns 10,095 shares of the company’s stock, valued at approximately $5,359,435.50. This trade represents a 16.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 22,940 shares of company stock valued at $13,717,979 in the last ninety days. 0.54% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

GS has been the topic of a number of research analyst reports. JMP Securities increased their price target on The Goldman Sachs Group from $525.00 to $550.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 9th. Hsbc Global Res cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Wolfe Research upgraded The Goldman Sachs Group to a “hold” rating in a report on Wednesday, September 18th. Oppenheimer cut their price target on The Goldman Sachs Group from $677.00 to $639.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Finally, Citigroup increased their price target on The Goldman Sachs Group from $485.00 to $585.00 and gave the stock a “neutral” rating in a report on Thursday, November 21st. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, The Goldman Sachs Group presently has an average rating of “Moderate Buy” and an average target price of $569.31.

The Goldman Sachs Group Price Performance

Shares of NYSE:GS opened at $560.40 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 2.32. The stock’s fifty day simple moving average is $583.74 and its two-hundred day simple moving average is $524.95. The Goldman Sachs Group, Inc. has a 1-year low of $372.07 and a 1-year high of $612.73. The stock has a market cap of $175.92 billion, a PE ratio of 16.44, a price-to-earnings-growth ratio of 0.85 and a beta of 1.38.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Tuesday, October 15th. The investment management company reported $8.40 earnings per share for the quarter, beating the consensus estimate of $6.89 by $1.51. The Goldman Sachs Group had a return on equity of 11.39% and a net margin of 9.89%. The business had revenue of $12.70 billion for the quarter, compared to analysts’ expectations of $11.77 billion. During the same period last year, the business earned $5.47 EPS. The business’s revenue was up 7.4% on a year-over-year basis. As a group, analysts forecast that The Goldman Sachs Group, Inc. will post 37.06 EPS for the current fiscal year.

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.