2 weeks Ago By Defense World Staff
Sei Investments Co. lessened its stake in Sumitomo Mitsui Financial Group, Inc. ( NYSE:SMFG – Free Report ) by 5.
7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 163,429 shares of the bank’s stock after selling 9,852 shares during the quarter. Sei Investments Co.
’s holdings in Sumitomo Mitsui Financial Group were worth $2,368,000 as of its most recent filing with the SEC. Other institutional investors have also modified their holdings of the company. Versant Capital Management Inc acquired a new stake in Sumitomo Mitsui Financial Group during the fourth quarter valued at approximately $30,000.
Richardson Financial Services Inc. increased its holdings in shares of Sumitomo Mitsui Financial Group by 36.8% in the 4th quarter.
Richardson Financial Services Inc. now owns 3,496 shares of the bank’s stock valued at $51,000 after acquiring an additional 940 shares during the last quarter. Bruce G.
Allen Investments LLC raised its position in shares of Sumitomo Mitsui Financial Group by 29.5% during the 4th quarter. Bruce G.
Allen Investments LLC now owns 5,445 shares of the bank’s stock valued at $79,000 after acquiring an additional 1,239 shares in the last quarter. Sierra Ocean LLC bought a new position in Sumitomo Mitsui Financial Group during the fourth quarter worth $86,000. Finally, Parkside Financial Bank & Trust boosted its holdings in Sumitomo Mitsui Financial Group by 32.
9% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,944 shares of the bank’s stock worth $115,000 after purchasing an additional 1,968 shares during the period. Institutional investors and hedge funds own 3.
85% of the company’s stock. Analysts Set New Price Targets Separately, StockNews.com upgraded shares of Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research report on Friday, March 21st.
Sumitomo Mitsui Financial Group Stock Down 8.6 % NYSE:SMFG opened at $12.40 on Friday.
The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 1.
94. The stock has a 50 day moving average of $15.30 and a 200-day moving average of $14.
32. The firm has a market capitalization of $80.25 billion, a PE ratio of 12.
03, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59.
Sumitomo Mitsui Financial Group, Inc. has a 52 week low of $10.74 and a 52 week high of $16.
74. About Sumitomo Mitsui Financial Group ( Free Report ) Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides banking, leasing, securities, credit card, and consumer finance services in Japan, the Americas, Europe, the Middle East, Asia, and Oceania. It operates through Wholesale Business Unit, Retail Business Unit, Global Business Unit, and Global Markets Business Unit segments.
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