Goldman Sachs Group (NYSE:GS) Fiscal Fourth Quarter Results Tops Analysts Views –MS, NYX, NLY, KEY, ETFC, BPO, MTG, LYG

The New York-based Goldman Sachs Group, Inc (NYSE:GS) reported on Wednesday a profit hiked to around tripled as gains in the value of the company’s own investments contributed to the primary year of revenue growth since 2009.

Goldman Sachs, the fifth- major United States bank by assets, reported in a statement that net income in the fiscal Q4 hiked to $2.89 billion from $1.01 billion in previous year.

The company reported that earnings for common shareholders hiked to $2.83 billion or $5.60 per share, from $978 million or $1.84.

JPMorgan Chase & Co (NYSE:JPM)announced earlier on Wednesday that 2012 was its third straight year of highest profit.

Its competitors include Morgan Stanley (NYSE:MS) that surged 0.78% to $20.59 with the total traded volume of 11.35 million shares and NYSE Euronext (NYSE:NYX) that dropped -0.29% to $32.50 with the total traded volume of 545,407 shares.

Other financial stocks with bullish trend include Annaly Capital Management, Inc. (NYSE:NLY) up 0.20% to $14.70, KeyCorp (NYSE:KEY) up 0.28% to $8.99 and E TRADE Financial Corporation (NASDAQ:ETFC) up 0.61% to $9.83, whereas with bearish trend include Brookfield Office Properties Inc (USA) (NYSE:BPO) down -0.95% to $16.77, MGIC Investment Corp. (NYSE:MTG) down -2.17% to $2.71 and Lloyds Banking Group PLC (ADR) (NYSE:LYG) down -3.28% to $3.39.

Goldman Sachs Group, Inc. (NYSE:GS) stock reports on Jan 16, 2013 increased 2.67% to the trading price of $139.21. Its fifty two week range is $90.43-$139.54. The total market capitalization remained $65.42 billion.

The overall volume in the current trading session is3.29 million shares. In its share capital GS has 469.94million outstanding shares among them 463.90million shares have been floated in market exchange. GS stock institutional ownership remained 73.76% while insider ownership included 1.24%.

GS is ahead its 52 week low with 51.24% and lagging behind from its 52 week high price with -1.85%. GS last month stock price volatility remained 1.86%. The stock price of GS is moving forward from its 20 days moving average with 3.66% and remote positively from 50 days moving average with 10.11%.

GS current year earnings per share experienced a decline with -65.80% while its current quarter performance remained 11.62%. Company’s beta coefficient included 1.39. Beta factors measures the amount of market risk associated with market trade.

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