Farther Finance Advisors LLC Has $129,000 Position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Farther Finance Advisors LLC lifted its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 11.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,183 shares of the bank’s stock after buying an additional 1,007 shares during the period. Farther Finance Advisors LLC’s holdings in Sumitomo Mitsui Financial Group were worth $129,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SMFG. Addison Advisors LLC bought a new position in shares of Sumitomo Mitsui Financial Group in the 2nd quarter worth about $25,000. Rothschild Investment LLC bought a new stake in Sumitomo Mitsui Financial Group during the 2nd quarter worth approximately $45,000. Ashton Thomas Private Wealth LLC bought a new stake in Sumitomo Mitsui Financial Group during the 2nd quarter worth approximately $59,000. Inspire Investing LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the 1st quarter worth approximately $119,000. Finally, Headlands Technologies LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the 1st quarter worth approximately $121,000. 3.85% of the stock is owned by institutional investors.

Insider Activity at Sumitomo Mitsui Financial Group

In related news, Director Mitsui Financial Grou Sumitomo purchased 9,247,081 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was purchased at an average cost of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the acquisition, the director now directly owns 9,247,081 shares of the company’s stock, valued at approximately $551,773,323.27. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.05% of the stock is owned by company insiders.

Sumitomo Mitsui Financial Group Price Performance

Sumitomo Mitsui Financial Group stock opened at $14.02 on Tuesday. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $9.16 and a 12 month high of $14.53. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 1.92. The business’s 50 day simple moving average is $12.83 and its 200 day simple moving average is $12.87. The company has a market cap of $91.70 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 3.17 and a beta of 0.59.

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.