183,885 Shares in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Bought by BTC Capital Management Inc.

BTC Capital Management Inc. purchased a new stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFGFree Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 183,885 shares of the bank’s stock, valued at approximately $2,164,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Bruce G. Allen Investments LLC bought a new position in Sumitomo Mitsui Financial Group during the fourth quarter worth $33,000. Principal Securities Inc. bought a new position in shares of Sumitomo Mitsui Financial Group during the 4th quarter worth about $34,000. Parkside Financial Bank & Trust raised its position in shares of Sumitomo Mitsui Financial Group by 1,392.6% during the third quarter. Parkside Financial Bank & Trust now owns 5,254 shares of the bank’s stock valued at $52,000 after buying an additional 4,902 shares during the last quarter. Hexagon Capital Partners LLC lifted its stake in shares of Sumitomo Mitsui Financial Group by 25.2% in the fourth quarter. Hexagon Capital Partners LLC now owns 6,160 shares of the bank’s stock valued at $60,000 after buying an additional 1,239 shares during the period. Finally, D Orazio & Associates Inc. acquired a new stake in Sumitomo Mitsui Financial Group during the fourth quarter worth about $98,000. 3.85% of the stock is owned by institutional investors and hedge funds.

Sumitomo Mitsui Financial Group Trading Down 0.7 %

SMFG opened at $12.53 on Friday. The stock’s 50 day simple moving average is $12.15 and its 200-day simple moving average is $11.13. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $8.22 and a 1 year high of $13.41. The stock has a market cap of $82.53 billion, a PE ratio of 12.53, a P/E/G ratio of 1.42 and a beta of 0.61.

Sumitomo Mitsui Financial Group (NYSE:SMFGGet Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The bank reported $0.18 EPS for the quarter, beating the consensus estimate of $0.13 by $0.05. The business had revenue of $17.93 billion for the quarter. Sumitomo Mitsui Financial Group had a net margin of 10.32% and a return on equity of 7.71%. Equities analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 0.95 earnings per share for the current fiscal year.

Sumitomo Mitsui Financial Group Company Profile

(Free Report)

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.

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

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