Greenleaf Trust Acquires 47,667 Shares of Sumitomo Mitsui Financial Grp, Inc. (SMFG)

Greenleaf Trust lifted its holdings in shares of Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) by 36.9% during the third quarter, HoldingsChannel.com reports. The firm owned 176,922 shares of the bank’s stock after acquiring an additional 47,667 shares during the quarter. Greenleaf Trust’s holdings in Sumitomo Mitsui Financial Grp were worth $1,421,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the company. First Republic Investment Management Inc. lifted its holdings in shares of Sumitomo Mitsui Financial Grp by 4.6% during the second quarter. First Republic Investment Management Inc. now owns 176,035 shares of the bank’s stock worth $1,368,000 after purchasing an additional 7,810 shares during the period. Todd Asset Management LLC lifted its holdings in shares of Sumitomo Mitsui Financial Grp by 0.4% during the second quarter. Todd Asset Management LLC now owns 1,895,279 shares of the bank’s stock worth $14,727,000 after purchasing an additional 8,470 shares during the period. HPM Partners LLC lifted its holdings in shares of Sumitomo Mitsui Financial Grp by 21.3% during the second quarter. HPM Partners LLC now owns 48,769 shares of the bank’s stock worth $379,000 after purchasing an additional 8,557 shares during the period. Intrust Bank NA lifted its holdings in shares of Sumitomo Mitsui Financial Grp by 8.1% during the second quarter. Intrust Bank NA now owns 119,965 shares of the bank’s stock worth $932,000 after purchasing an additional 9,001 shares during the period. Finally, Park Avenue Securities LLC lifted its holdings in shares of Sumitomo Mitsui Financial Grp by 89.0% during the second quarter. Park Avenue Securities LLC now owns 22,089 shares of the bank’s stock worth $169,000 after purchasing an additional 10,404 shares during the period. Institutional investors own 2.64% of the company’s stock.

Separately, ValuEngine upgraded shares of Sumitomo Mitsui Financial Grp from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th.

SMFG stock opened at $7.68 on Wednesday. The firm has a market capitalization of $53.88 billion, a P/E ratio of 7.49, a PEG ratio of 1.22 and a beta of 1.37. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.04. Sumitomo Mitsui Financial Grp, Inc. has a 12-month low of $7.43 and a 12-month high of $9.67.

Sumitomo Mitsui Financial Grp (NYSE:SMFG) last released its earnings results on Monday, July 30th. The bank reported $0.30 earnings per share (EPS) for the quarter. The business had revenue of $13.08 billion for the quarter. Sumitomo Mitsui Financial Grp had a net margin of 12.31% and a return on equity of 6.47%. Equities analysts anticipate that Sumitomo Mitsui Financial Grp, Inc. will post 1.05 earnings per share for the current fiscal year.

About Sumitomo Mitsui Financial Grp

Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business, Retail Business, International Business, and Global Markets Business.

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Institutional Ownership by Quarter for Sumitomo Mitsui Financial Grp (NYSE:SMFG)

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