2 weeks Ago By ABMN Staff
Sumitomo Mitsui Financial Group, Inc. ( NYSE:SMFG – Get Free Report )’s stock price gapped down prior to trading on Friday . The stock had previously closed at $12.
90, but opened at $12.34. Sumitomo Mitsui Financial Group shares last traded at $12.
27, with a volume of 756,459 shares. Sumitomo Mitsui Financial Group Stock Performance The company has a debt-to-equity ratio of 1.92, a current ratio of 1.
05 and a quick ratio of 1.05. The company has a fifty day moving average price of $13.
07 and a 200 day moving average price of $12.59. The stock has a market cap of $79.
60 billion, a P/E ratio of 12.17, a P/E/G ratio of 0.89 and a beta of 0.
60. Sumitomo Mitsui Financial Group ( NYSE:SMFG – Get Free Report ) last issued its quarterly earnings data on Friday, August 2nd. The bank reported $0.
36 EPS for the quarter, topping the consensus estimate of $0.30 by $0.06.
The firm had revenue of $16.18 billion during the quarter. Sumitomo Mitsui Financial Group had a return on equity of 8.
13% and a net margin of 11.28%. On average, equities analysts expect that Sumitomo Mitsui Financial Group, Inc.
will post 1.23 EPS for the current year. Insider Activity Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.
Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Sumitomo Mitsui Financial Group by 266.5% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 615,800 shares of the bank’s stock valued at $8,258,000 after buying an additional 447,800 shares during the period.
Sanctuary Advisors LLC purchased a new stake in shares of Sumitomo Mitsui Financial Group in the second quarter worth about $265,000. Cetera Investment Advisers boosted its position in shares of Sumitomo Mitsui Financial Group by 15.8% in the second quarter.
Cetera Investment Advisers now owns 134,521 shares of the bank’s stock valued at $1,804,000 after acquiring an additional 18,342 shares during the period. Creative Planning increased its holdings in Sumitomo Mitsui Financial Group by 16.1% during the 2nd quarter.
Creative Planning now owns 357,915 shares of the bank’s stock worth $4,800,000 after acquiring an additional 49,563 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Sumitomo Mitsui Financial Group by 34.3% during the 2nd quarter.
AQR Capital Management LLC now owns 111,665 shares of the bank’s stock valued at $1,497,000 after purchasing an additional 28,545 shares in the last quarter. 3.85% of the stock is currently owned by hedge funds and other institutional investors.
About Sumitomo Mitsui Financial Group ( Get 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. Featured Stories Receive News & Ratings for Sumitomo Mitsui Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sumitomo Mitsui Financial Group and related companies with MarketBeat.
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