Seizert Capital Partners LLC Has $79.43 Million Stake in The Goldman Sachs Group, Inc. $GS

Seizert Capital Partners LLC reduced its position in The Goldman Sachs Group, Inc. (NYSE:GSFree Report) by 2.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 99,738 shares of the investment management company’s stock after selling 2,002 shares during the period. The Goldman Sachs Group accounts for about 3.4% of Seizert Capital Partners LLC’s portfolio, making the stock its largest position. Seizert Capital Partners LLC’s holdings in The Goldman Sachs Group were worth $79,426,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Gilliland Jeter Wealth Management LLC lifted its holdings in shares of The Goldman Sachs Group by 3.5% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 388 shares of the investment management company’s stock valued at $309,000 after purchasing an additional 13 shares during the last quarter. Winthrop Advisory Group LLC increased its position in shares of The Goldman Sachs Group by 3.4% in the 2nd quarter. Winthrop Advisory Group LLC now owns 429 shares of the investment management company’s stock valued at $303,000 after acquiring an additional 14 shares during the period. Avion Wealth raised its stake in The Goldman Sachs Group by 31.1% in the 2nd quarter. Avion Wealth now owns 59 shares of the investment management company’s stock worth $41,000 after acquiring an additional 14 shares during the last quarter. KPP Advisory Services LLC increased its holdings in The Goldman Sachs Group by 2.1% in the 2nd quarter. KPP Advisory Services LLC now owns 668 shares of the investment management company’s stock worth $473,000 after buying an additional 14 shares during the period. Finally, FAS Wealth Partners Inc. lifted its stake in The Goldman Sachs Group by 2.2% during the 2nd quarter. FAS Wealth Partners Inc. now owns 653 shares of the investment management company’s stock valued at $462,000 after acquiring an additional 14 shares during the period. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $943.82 on Tuesday. 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 firm has a fifty day moving average of $871.86 and a 200 day moving average of $795.26. The firm has a market cap of $283.08 billion, a PE ratio of 18.45, a PEG ratio of 1.01 and a beta of 1.33. The Goldman Sachs Group, Inc. has a one year low of $439.38 and a one year high of $984.70.

The Goldman Sachs Group (NYSE:GSGet Free Report) last announced its earnings results on Thursday, January 15th. The investment management company reported $14.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.52 by $2.49. The business had revenue of $13.45 billion for the quarter, compared to analyst estimates of $14.30 billion. The Goldman Sachs Group had a net margin of 13.73% and a return on equity of 15.19%. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. During the same quarter last year, the business earned $11.95 earnings per share. As a group, research analysts predict that The Goldman Sachs Group, Inc. will post 47.12 EPS for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 2nd will be paid a dividend of $4.50 per share. This is an increase from The Goldman Sachs Group’s previous quarterly dividend of $4.00. The ex-dividend date is Monday, March 2nd. This represents a $18.00 annualized dividend and a yield of 1.9%. The Goldman Sachs Group’s dividend payout ratio (DPR) is presently 31.20%.

Analysts Set New Price Targets

GS has been the topic of several analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of The Goldman Sachs Group in a research report on Tuesday. Rothschild & Co Redburn boosted their price target on The Goldman Sachs Group from $608.00 to $748.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of The Goldman Sachs Group in a research note on Monday, December 22nd. UBS Group boosted their target price on shares of The Goldman Sachs Group from $762.00 to $805.00 and gave the company a “neutral” rating in a research note on Tuesday, October 7th. Finally, Bank of America increased their price target on shares of The Goldman Sachs Group from $1,050.00 to $1,100.00 and gave the stock a “buy” rating in a report on Friday. Eight investment analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $891.57.

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The Goldman Sachs Group News Summary

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About The Goldman Sachs Group

(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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