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

Signaturefd LLC increased its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 1.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 213,353 shares of the bank’s stock after purchasing an additional 3,197 shares during the quarter. Signaturefd LLC’s holdings in Sumitomo Mitsui Financial Group were worth $2,695,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Traveka Wealth LLC boosted its holdings in shares of Sumitomo Mitsui Financial Group by 3.2% during the 2nd quarter. Traveka Wealth LLC now owns 27,506 shares of the bank’s stock valued at $369,000 after acquiring an additional 859 shares in the last quarter. Aprio Wealth Management LLC boosted its stake in shares of Sumitomo Mitsui Financial Group by 7.9% during the third quarter. Aprio Wealth Management LLC now owns 11,795 shares of the bank’s stock valued at $149,000 after purchasing an additional 863 shares in the last quarter. Claro Advisors LLC grew its holdings in shares of Sumitomo Mitsui Financial Group by 6.0% during the first quarter. Claro Advisors LLC now owns 16,712 shares of the bank’s stock worth $197,000 after purchasing an additional 943 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Sumitomo Mitsui Financial Group by 5.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,246 shares of the bank’s stock valued at $271,000 after buying an additional 963 shares during the period. Finally, Checchi Capital Advisers LLC raised its holdings in Sumitomo Mitsui Financial Group by 2.3% in the 2nd quarter. Checchi Capital Advisers LLC now owns 44,580 shares of the bank’s stock valued at $598,000 after buying an additional 990 shares during the last quarter. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Trading Down 0.9 %

SMFG opened at $12.65 on Wednesday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.05 and a quick ratio of 1.05. Sumitomo Mitsui Financial Group, Inc. has a fifty-two week low of $9.03 and a fifty-two week high of $14.53. The company’s 50 day moving average price is $12.97 and its two-hundred day moving average price is $12.73. The firm has a market capitalization of $82.74 billion, a price-to-earnings ratio of 11.61, a PEG ratio of 2.83 and a beta of 0.60.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last posted its quarterly earnings data on Friday, August 2nd. The bank reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. The business 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%. As a group, research analysts predict that Sumitomo Mitsui Financial Group, Inc. will post 0.4 earnings per share for the current year.

Insider Activity

In related news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the business’s stock in a transaction that occurred on Thursday, September 19th. The shares were bought at an average cost of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the purchase, the director now directly owns 9,247,081 shares in the company, valued at $551,773,323.27. The purchase was disclosed in a document filed with the SEC, which is available at this link. 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.