The stock grabbed 153 new institutional investments totaling 1,758,285 shares while 72 institutional investors sold out their entire positions totaling 625,320 shares. Cadence Natl Bank Na has 0.11% invested in The Goldman Sachs Group, Inc.
A number of other research firms also recently commented on GSBD.
Apple and everyone's favorite banking giant are launching a new joint credit card that will push the tech juggernaut deeper into people's bank accounts, and ultimately help them become a trillion dollar company. MML Investors Services LLC purchased a new stake in Goldman Sachs BDC during the 4th quarter worth about $268,000. We Are One Seven LLC bought a new stake in shares of Goldman Sachs in the fourth quarter worth about $137,000. The Focused Wealth Management Inc holds 8,134 shares with $2.07M value, down from 10,057 last quarter. Goldman Sachs BDC posted earnings per share of $0.64 during the same quarter last year, which indicates a negative year-over-year growth rate of 25%. This company shares are 13.28% off its target price of $275.78 and the current market capitalization stands at $91.92B. The financial services provider reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. Goldman Sachs BDC had a net margin of 36.22% and a return on equity of 11.22%. The company had revenue of $35.54 million during the quarter, compared to the consensus estimate of $36.19 million. During the same period previous year, the business earned $5.15 earnings per share. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.80 per share. The ex-dividend date of this dividend is Wednesday, May 30th. This represents a $3.20 dividend on an annualized basis and a yield of 1.32%. Goldman Sachs pays out 15.2% of its earnings in the form of a dividend. Goldman Sachs's dividend payout ratio is 15.18%. LEE BRIAN J sold $1.78M worth of stock or 6,738 shs. $284.77's average target is 16.98% above currents $243.44 stock price. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. On Friday, February 23 the insider ROGERS JOHN F.W. sold $1.17M. Comparatively, Goldman Sachs' peers have a beta of 8.84, suggesting that their average stock price is 784% more volatile than the S&P 500. The disclosure for this sale can be found here. Texas Yale Capital Corp. now owns 117,818 shares of the financial services provider's stock valued at $2,254,000 after buying an additional 3,085 shares during the last quarter.
Several equities analysts have recently issued reports on GS shares. ValuEngine downgraded Goldman Sachs from a "buy" rating to a "hold" rating in a report on Saturday, April 21st. Finally, National Securities reaffirmed a "neutral" rating and issued a $22.00 price target on shares of Goldman Sachs BDC in a report on Monday, February 26th. Credit Suisse upgraded the shares of VSAR in report on Tuesday, December 20 to "Outperform" rating. Morgan Stanley lifted their price objective on Goldman Sachs from $297.00 to $302.00 and gave the company an "overweight" rating in a research report on Thursday, March 15th. Goldman Sachs Group Inc has $330.0 highest and $221.0 lowest target.
Meanwhile, in big investment banking land, Goldman Sachs has weathered a long slump in securities-trading (revenue fell two-thirds since 2008), which inspired the company to get into consumer banking (they started a retail banking biz called Marcus in 2016). It operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.