Goldman Sachs Stock Holdings Trimmed by Commerce Bank
The Goldman Sachs Group's stock holdings were trimmed by Commerce Bank in the second quarter, according to its most recent SEC filing. The firm owned 61,807 shares of the investment management company's stock after selling 1,298 shares during the quarter. Commerce Bank's holdings in The Goldman Sachs Group were worth $62,510,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the business. Sky Investment Group LLC raised its stake in shares of The Goldman Sachs Group by 0.9% during the second quarter. Warren Street Wealth Advisors LLC grew its position in The Goldman Sachs Group by 3.9% in the 2nd quarter.
The company reported $20.98 earnings per share for the quarter, beating the consensus estimate of $14.47 by $6.51. Revenue was up 39.4% on a year-over-year basis to $20.34 billion. The firm's revenue beat analysts' expectations of $16.22 billion.