Criterion Capital Advisors LLC Has $496,000 Holdings in The Goldman Sachs Group, Inc. (NYSE:GS)

Criterion Capital Advisors LLC lifted its position in shares of The Goldman Sachs Group, Inc. (NYSE:GS) by 26.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,188 shares of the investment management company’s stock after purchasing an additional 250 shares during the quarter. Criterion Capital Advisors LLC’s holdings in The Goldman Sachs Group were worth $496,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Trifecta Capital Advisors LLC increased its holdings in The Goldman Sachs Group by 2.5% during the 1st quarter. Trifecta Capital Advisors LLC now owns 12,584 shares of the investment management company’s stock worth $5,256,000 after purchasing an additional 301 shares in the last quarter. Independence Bank of Kentucky boosted its position in shares of The Goldman Sachs Group by 29.7% during the first quarter. Independence Bank of Kentucky now owns 1,592 shares of the investment management company’s stock valued at $665,000 after buying an additional 365 shares during the last quarter. Webster Bank N. A. grew its holdings in The Goldman Sachs Group by 120.3% during the first quarter. Webster Bank N. A. now owns 597 shares of the investment management company’s stock worth $249,000 after buying an additional 326 shares in the last quarter. Norway Savings Bank raised its position in The Goldman Sachs Group by 17.4% in the 1st quarter. Norway Savings Bank now owns 2,410 shares of the investment management company’s stock valued at $1,007,000 after buying an additional 358 shares during the last quarter. Finally, Atwater Malick LLC lifted its stake in The Goldman Sachs Group by 0.7% during the 1st quarter. Atwater Malick LLC now owns 25,210 shares of the investment management company’s stock valued at $10,530,000 after acquiring an additional 171 shares in the last quarter. 71.21% of the stock is currently owned by institutional investors.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $432.25, for a total transaction of $2,161,250.00. Following the completion of the transaction, the director now owns 623,425 shares of the company’s stock, valued at approximately $269,475,456.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other The Goldman Sachs Group news, Director David A. Viniar sold 5,000 shares of the company’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $432.25, for a total value of $2,161,250.00. Following the completion of the transaction, the director now directly owns 623,425 shares in the company, valued at approximately $269,475,456.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Goldman Sachs Group Inc sold 4,000,000 shares of the firm’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $6.34, for a total transaction of $25,360,000.00. Following the completion of the sale, the insider now directly owns 12,981,022 shares of the company’s stock, valued at $82,299,679.48. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on GS. Morgan Stanley reduced their target price on shares of The Goldman Sachs Group from $486.00 to $475.00 and set an “overweight” rating for the company in a research note on Thursday. Daiwa Capital Markets upgraded shares of The Goldman Sachs Group from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $410.00 to $430.00 in a research note on Thursday, March 14th. Royal Bank of Canada lifted their target price on shares of The Goldman Sachs Group from $390.00 to $405.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 16th. Bank of America upped their target price on The Goldman Sachs Group from $450.00 to $478.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Finally, JMP Securities lifted their price target on The Goldman Sachs Group from $440.00 to $460.00 and gave the stock a “market outperform” rating in a report on Tuesday, April 9th. Six analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. According to MarketBeat, The Goldman Sachs Group has a consensus rating of “Moderate Buy” and a consensus target price of $443.78.

The Goldman Sachs Group Stock Performance

Shares of NYSE:GS traded up $6.36 during trading on Friday, hitting $452.32. 3,839,657 shares of the company were exchanged, compared to its average volume of 1,900,364. The company has a market cap of $145.86 billion, a PE ratio of 17.66, a P/E/G ratio of 0.90 and a beta of 1.39. The Goldman Sachs Group, Inc. has a 52-week low of $289.36 and a 52-week high of $471.48. The company has a debt-to-equity ratio of 2.18, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a 50 day moving average of $449.86 and a 200 day moving average of $410.39.

The Goldman Sachs Group (NYSE:GS) last issued its quarterly earnings data on Monday, April 15th. The investment management company reported $11.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.54 by $3.04. The business had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $12.94 billion. The Goldman Sachs Group had a return on equity of 8.86% and a net margin of 8.17%. The firm’s quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $8.79 EPS. As a group, equities research analysts predict that The Goldman Sachs Group, Inc. will post 36.59 EPS for the current year.

The Goldman Sachs Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th were issued a $2.75 dividend. This represents a $11.00 annualized dividend and a dividend yield of 2.43%. The ex-dividend date of this dividend was Thursday, May 30th. The Goldman Sachs Group’s dividend payout ratio is 42.95%.

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.