Zacks Research lowered shares of Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Free Report) from a hold rating to a strong sell rating in a research report report published on Thursday morning,Zacks.com reports.
Sumitomo Mitsui Trust Trading Up 1.4%
Shares of OTCMKTS:SUTNY opened at $7.44 on Thursday. The firm has a fifty day moving average price of $6.96 and a 200 day moving average price of $6.63. Sumitomo Mitsui Trust has a 1-year low of $5.03 and a 1-year high of $7.78.
Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) last issued its quarterly earnings results on Thursday, June 11th. The company reported $999.00 earnings per share for the quarter. The business had revenue of $4.88 billion for the quarter.
About Sumitomo Mitsui Trust
Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.
The group’s core activities span trust banking, asset management, real estate services and wholesale banking.
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