Signaturefd LLC Has $2.70 Million Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Signaturefd LLC increased its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 1.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 213,353 shares of the bank’s stock after acquiring an additional 3,197 shares during the period. Signaturefd LLC’s holdings in Sumitomo Mitsui Financial Group were worth $2,695,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SMFG. American Century Companies Inc. boosted its position in Sumitomo Mitsui Financial Group by 5.4% during the 2nd quarter. American Century Companies Inc. now owns 1,344,869 shares of the bank’s stock worth $18,035,000 after acquiring an additional 69,145 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Sumitomo Mitsui Financial Group by 266.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 615,800 shares of the bank’s stock worth $8,258,000 after purchasing an additional 447,800 shares during the last quarter. Natixis Advisors LLC grew its position in Sumitomo Mitsui Financial Group by 7.2% in the second quarter. Natixis Advisors LLC now owns 588,690 shares of the bank’s stock valued at $7,894,000 after purchasing an additional 39,412 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in Sumitomo Mitsui Financial Group by 19.9% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 523,752 shares of the bank’s stock valued at $6,165,000 after buying an additional 86,898 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in Sumitomo Mitsui Financial Group by 10.8% during the 2nd quarter. QRG Capital Management Inc. now owns 436,417 shares of the bank’s stock worth $5,852,000 after buying an additional 42,675 shares in the last quarter. 3.85% of the stock is owned by institutional investors.

Sumitomo Mitsui Financial Group Price Performance

NYSE:SMFG opened at $12.65 on Wednesday. The stock’s 50-day simple moving average is $12.97 and its 200 day simple moving average is $12.73. Sumitomo Mitsui Financial Group, Inc. has a 52-week low of $9.03 and a 52-week high of $14.53. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $82.74 billion, a P/E ratio of 11.61, a P/E/G ratio of 2.83 and a beta of 0.60.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its quarterly earnings data on Friday, August 2nd. The bank reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.06. Sumitomo Mitsui Financial Group had a return on equity of 8.13% and a net margin of 11.28%. The company had revenue of $16.18 billion for the quarter. As a group, sell-side analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 0.4 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the stock in a transaction dated Thursday, September 19th. The shares were bought at an average cost of $59.67 per share, for a total transaction of $551,773,323.27. Following the purchase, the director now directly owns 9,247,081 shares of the company’s stock, valued at approximately $551,773,323.27. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Sumitomo Mitsui Financial Group Company Profile

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.