Cooper Financial Group Purchases 310 Shares of The Goldman Sachs Group, Inc. (NYSE:GS)

Cooper Financial Group increased its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 9.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 3,522 shares of the investment management company’s stock after buying an additional 310 shares during the period. Cooper Financial Group’s holdings in The Goldman Sachs Group were worth $2,017,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Cadent Capital Advisors LLC purchased a new stake in shares of The Goldman Sachs Group during the 4th quarter valued at about $1,167,000. Wedmont Private Capital increased its holdings in shares of The Goldman Sachs Group by 8.3% in the 4th quarter. Wedmont Private Capital now owns 4,898 shares of the investment management company’s stock valued at $2,743,000 after acquiring an additional 374 shares during the period. Talbot Financial LLC increased its holdings in shares of The Goldman Sachs Group by 1.1% in the 4th quarter. Talbot Financial LLC now owns 41,142 shares of the investment management company’s stock valued at $23,558,000 after acquiring an additional 451 shares during the period. Asset Allocation & Management Company LLC purchased a new position in shares of The Goldman Sachs Group in the 4th quarter valued at $322,000. Finally, CHICAGO TRUST Co NA increased its holdings in shares of The Goldman Sachs Group by 3.6% in the 4th quarter. CHICAGO TRUST Co NA now owns 953 shares of the investment management company’s stock valued at $546,000 after acquiring an additional 33 shares during the period. Institutional investors own 71.21% of the company’s stock.

Insider Buying and Selling at The Goldman Sachs Group

In other The Goldman Sachs Group news, CAO Sheara J. Fredman sold 2,974 shares of The Goldman Sachs Group stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $594.51, for a total value of $1,768,072.74. Following the sale, the chief accounting officer now owns 8,489 shares of the company’s stock, valued at approximately $5,046,795.39. The trade was a 25.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brian J. Lee sold 2,000 shares of The Goldman Sachs Group stock in a transaction that occurred on Thursday, October 17th. The shares were 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 in the company, valued at $5,359,435.50. This represents a 16.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,940 shares of company stock worth $13,717,979 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.

The Goldman Sachs Group Trading Up 0.1 %

NYSE:GS traded up $0.65 during trading hours on Monday, reaching $560.65. 1,090,699 shares of the stock were exchanged, compared to its average volume of 1,903,618. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 2.32. The business has a 50-day moving average of $583.74 and a two-hundred day moving average of $525.91. The Goldman Sachs Group, Inc. has a twelve month low of $372.07 and a twelve month high of $612.73. The company has a market capitalization of $175.99 billion, a price-to-earnings ratio of 16.45, a PEG ratio of 0.85 and a beta of 1.38.

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

Analysts Set New Price Targets

Several research firms have weighed in on GS. JPMorgan Chase & Co. boosted their price target on The Goldman Sachs Group from $520.00 to $550.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Hsbc Global Res cut The Goldman Sachs Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 26th. Morgan Stanley upped their price target on The Goldman Sachs Group from $560.00 to $570.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Barclays upped their price target on The Goldman Sachs Group from $588.00 to $713.00 and gave the stock an “overweight” rating in a report on Monday, January 6th. Finally, Wolfe Research raised The Goldman Sachs Group to a “hold” rating in a report on Wednesday, September 18th. Eight research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $569.31.

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.