Goldman Sachs Group Inc (GS) Holdings Trimmed by Maple Capital Management Inc.

Maple Capital Management Inc. lessened its holdings in shares of Goldman Sachs Group Inc (NYSE:GS) by 4.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,735 shares of the investment management company’s stock after selling 1,417 shares during the quarter. Maple Capital Management Inc.’s holdings in Goldman Sachs Group were worth $4,633,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in GS. Tikehau Investment Management boosted its stake in shares of Goldman Sachs Group by 5,251.4% in the fourth quarter. Tikehau Investment Management now owns 58,758 shares of the investment management company’s stock valued at $9,816,000 after buying an additional 57,660 shares during the period. TLP Group LLC boosted its stake in shares of Goldman Sachs Group by 64.5% in the fourth quarter. TLP Group LLC now owns 2,496 shares of the investment management company’s stock valued at $580,000 after buying an additional 979 shares during the period. Lakewood Capital Management LP bought a new stake in shares of Goldman Sachs Group in the fourth quarter valued at approximately $136,480,000. Caxton Associates LP boosted its stake in shares of Goldman Sachs Group by 126.7% in the fourth quarter. Caxton Associates LP now owns 5,195 shares of the investment management company’s stock valued at $868,000 after buying an additional 24,686 shares during the period. Finally, RPg Family Wealth Advisory LLC boosted its stake in shares of Goldman Sachs Group by 1,136.4% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 1,360 shares of the investment management company’s stock valued at $227,000 after buying an additional 1,250 shares during the period. 68.39% of the stock is currently owned by hedge funds and other institutional investors.

NYSE GS opened at $198.26 on Friday. The company has a debt-to-equity ratio of 2.84, a current ratio of 0.92 and a quick ratio of 0.91. Goldman Sachs Group Inc has a fifty-two week low of $151.70 and a fifty-two week high of $269.85. The firm has a market cap of $72.72 billion, a price-to-earnings ratio of 7.85, a price-to-earnings-growth ratio of 1.24 and a beta of 1.23.

Goldman Sachs Group (NYSE:GS) last released its earnings results on Wednesday, January 16th. The investment management company reported $6.04 earnings per share for the quarter, topping the consensus estimate of $5.15 by $0.89. Goldman Sachs Group had a return on equity of 13.84% and a net margin of 28.92%. The firm had revenue of $8.08 billion during the quarter, compared to analysts’ expectations of $7.48 billion. During the same period in the prior year, the company earned $5.68 earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. As a group, analysts predict that Goldman Sachs Group Inc will post 23.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, February 28th will be paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Wednesday, February 27th. Goldman Sachs Group’s payout ratio is presently 12.66%.

In other Goldman Sachs Group news, VP Gregory K. Palm sold 16,451 shares of the company’s stock in a transaction on Thursday, December 27th. The stock was sold at an average price of $158.41, for a total transaction of $2,606,002.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dane E. Holmes sold 1,489 shares of the company’s stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $198.31, for a total value of $295,283.59. The disclosure for this sale can be found here. 1.71% of the stock is owned by corporate insiders.

Several equities research analysts recently issued reports on the company. Zacks Investment Research cut Goldman Sachs Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 8th. ValuEngine cut Goldman Sachs Group from a “sell” rating to a “strong sell” rating in a research note on Friday, March 1st. TheStreet upgraded Goldman Sachs Group from a “c+” rating to a “b-” rating in a research note on Tuesday, February 5th. Finally, Morgan Stanley cut their price target on Goldman Sachs Group from $226.00 to $207.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 8th. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $255.54.

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Goldman Sachs Group Company Profile

The Goldman Sachs Group, Inc operates as an investment banking, securities, and investment management company worldwide. It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, spin-offs, and risk management; and underwriting services, such as debt and equity underwriting of public offerings and private placements of various securities and other financial instruments, as well as derivative transactions with public and private sector clients.

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

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