Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Shares Sold by Centiva Capital LP

Centiva Capital LP decreased its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 26.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,593 shares of the bank’s stock after selling 3,723 shares during the period. Centiva Capital LP’s holdings in Sumitomo Mitsui Financial Group were worth $134,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of SMFG. Healthcare of Ontario Pension Plan Trust Fund grew its position 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 purchasing an additional 447,800 shares in the last quarter. Benson Investment Management Company Inc. acquired a new position in Sumitomo Mitsui Financial Group during the third quarter worth $5,182,000. FMR LLC grew its holdings in Sumitomo Mitsui Financial Group by 5.0% in the 3rd quarter. FMR LLC now owns 7,193,840 shares of the bank’s stock valued at $90,858,000 after buying an additional 342,604 shares in the last quarter. Leuthold Group LLC acquired a new stake in shares of Sumitomo Mitsui Financial Group in the 3rd quarter worth $3,907,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Sumitomo Mitsui Financial Group by 844.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 326,942 shares of the bank’s stock worth $4,129,000 after acquiring an additional 292,334 shares during the period. 3.85% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

Sumitomo Mitsui Financial Group Stock Down 0.1 %

Shares of NYSE SMFG opened at $14.89 on Friday. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $9.16 and a 1 year high of $15.56. The company has a market capitalization of $97.39 billion, a P/E ratio of 12.84, a P/E/G ratio of 3.41 and a beta of 0.63. The company has a 50 day simple moving average of $13.71 and a 200-day simple moving average of $13.32. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.06 and a quick ratio of 1.05.

Insiders Place Their Bets

In related news, Director Mitsui Financial Grou Sumitomo purchased 9,247,081 shares of the company’s stock in a transaction on Thursday, September 19th. The stock was acquired at an average cost of $59.67 per share, for a total transaction of $551,773,323.27. Following the completion of the transaction, the director now directly owns 9,247,081 shares in the company, valued at approximately $551,773,323.27. The trade was a ? increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.05% of the stock is owned by insiders.

About Sumitomo Mitsui Financial Group

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.