Aviso Wealth Management Has $1.20 Million Stock Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Aviso Wealth Management decreased its stake in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 3.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,644 shares of the investment management company’s stock after selling 104 shares during the period. Aviso Wealth Management’s holdings in The Goldman Sachs Group were worth $1,196,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Aveo Capital Partners LLC raised its position in shares of The Goldman Sachs Group by 8.2% during the fourth quarter. Aveo Capital Partners LLC now owns 697 shares of the investment management company’s stock worth $269,000 after acquiring an additional 53 shares during the last quarter. Partners Capital Investment Group LLP raised its holdings in The Goldman Sachs Group by 8.7% during the 4th quarter. Partners Capital Investment Group LLP now owns 1,928 shares of the investment management company’s stock worth $744,000 after purchasing an additional 154 shares during the last quarter. Alberta Investment Management Corp lifted its position in The Goldman Sachs Group by 27.3% during the 4th quarter. Alberta Investment Management Corp now owns 9,800 shares of the investment management company’s stock valued at $3,781,000 after purchasing an additional 2,100 shares during the period. Lloyd Advisory Services LLC. bought a new position in shares of The Goldman Sachs Group in the 4th quarter valued at about $243,000. Finally, TFG Advisers LLC grew its position in shares of The Goldman Sachs Group by 4.4% during the 4th quarter. TFG Advisers LLC now owns 3,328 shares of the investment management company’s stock worth $1,284,000 after buying an additional 139 shares during the period. Institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling

In other The Goldman Sachs Group news, Director Thomas K. Montag sold 10,000 shares of The Goldman Sachs Group stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $505.04, for a total value of $5,050,400.00. Following the sale, the director now directly owns 12,450 shares in the company, valued at approximately $6,287,748. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Brian J. Lee sold 3,500 shares of the stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $505.99, for a total value of $1,770,965.00. Following the completion of the sale, the insider now owns 12,095 shares of the company’s stock, valued at approximately $6,119,949.05. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Thomas K. Montag sold 10,000 shares of the business’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $505.04, for a total transaction of $5,050,400.00. Following the transaction, the director now owns 12,450 shares in the company, valued at $6,287,748. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

GS has been the topic of a number of recent research reports. Morgan Stanley raised their price objective on shares of The Goldman Sachs Group from $513.00 to $561.00 and gave the company an “overweight” rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. raised their price target on The Goldman Sachs Group from $464.00 to $472.00 and gave the stock an “overweight” rating in a research report on Monday, September 9th. Barclays upped their price objective on The Goldman Sachs Group from $493.00 to $565.00 and gave the company an “overweight” rating in a report on Tuesday, July 16th. Wolfe Research upgraded The Goldman Sachs Group to a “hold” rating in a research report on Wednesday, September 18th. Finally, BMO Capital Markets upped their price target on The Goldman Sachs Group from $360.00 to $373.00 and gave the company a “market perform” rating in a research note on Wednesday, July 17th. Six analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $496.44.

The Goldman Sachs Group Price Performance

Shares of NYSE GS opened at $498.51 on Friday. The company has a fifty day moving average price of $492.25 and a 200 day moving average price of $458.52. The Goldman Sachs Group, Inc. has a 1-year low of $289.36 and a 1-year high of $517.26. The firm has a market cap of $160.75 billion, a PE ratio of 19.47, a PEG ratio of 0.78 and a beta of 1.36. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 2.20.

The Goldman Sachs Group (NYSE:GS) last posted its quarterly earnings data on Monday, July 15th. The investment management company reported $8.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.52 by $0.10. The business had revenue of $12.73 billion during the quarter, compared to the consensus estimate of $12.60 billion. The Goldman Sachs Group had a return on equity of 10.56% and a net margin of 9.36%. Research analysts predict that The Goldman Sachs Group, Inc. will post 35.43 earnings per share for the current fiscal year.

The Goldman Sachs Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 30th were given a $3.00 dividend. This represents a $12.00 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date was Friday, August 30th. This is a positive change from The Goldman Sachs Group’s previous quarterly dividend of $2.75. The Goldman Sachs Group’s payout ratio is currently 46.86%.

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.