D Orazio & Associates Inc. Invests $28,000 in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

D Orazio & Associates Inc. purchased a new stake in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,015 shares of the bank’s stock, valued at approximately $28,000.

A number of other institutional investors have also recently bought and sold shares of SMFG. O Shaughnessy Asset Management LLC grew its position in Sumitomo Mitsui Financial Group by 92.1% during the 3rd quarter. O Shaughnessy Asset Management LLC now owns 935,888 shares of the bank’s stock worth $6,561,000 after acquiring an additional 448,744 shares during the last quarter. Creative Planning increased its position in shares of Sumitomo Mitsui Financial Group by 82.6% in the third quarter. Creative Planning now owns 46,834 shares of the bank’s stock valued at $328,000 after acquiring an additional 21,187 shares during the last quarter. Barclays PLC grew its holdings in Sumitomo Mitsui Financial Group by 86.5% during the third quarter. Barclays PLC now owns 611,901 shares of the bank’s stock worth $4,289,000 after purchasing an additional 283,886 shares during the period. Boston Private Wealth LLC boosted its holdings in shares of Sumitomo Mitsui Financial Group by 114.4% during the third quarter. Boston Private Wealth LLC now owns 303,917 shares of the bank’s stock worth $2,130,000 after acquiring an additional 162,179 shares during the period. Finally, JustInvest LLC boosted its stake in shares of Sumitomo Mitsui Financial Group by 11.2% in the third quarter. JustInvest LLC now owns 65,916 shares of the bank’s stock valued at $462,000 after buying an additional 6,650 shares during the period. 1.81% of the stock is owned by hedge funds and other institutional investors.

Shares of Sumitomo Mitsui Financial Group stock opened at $7.56 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 2.43. The stock has a market cap of $51.95 billion, a price-to-earnings ratio of 8.04, a P/E/G ratio of 0.53 and a beta of 0.86. The company’s fifty day moving average is $6.86 and its 200 day moving average is $6.89. Sumitomo Mitsui Financial Group, Inc. has a twelve month low of $6.18 and a twelve month high of $7.95.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last released its earnings results on Friday, November 12th. The bank reported $0.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.12. The firm had revenue of $9.21 billion during the quarter. Sumitomo Mitsui Financial Group had a net margin of 17.73% and a return on equity of 6.12%. As a group, equities analysts anticipate that Sumitomo Mitsui Financial Group, Inc. will post 0.86 earnings per share for the current fiscal year.

Sumitomo Mitsui Financial Group Profile

Sumitomo Mitsui Financial Group, Inc operates as a holding company, which engages in the management of its subsidiaries that provide financial services. It operates through the following segments: Commercial Banking, Leasing, Securities, and Consumer Finance. The Commercial Banking segment consists of consumer banking, middle market banking, wholesale banking, retail banking, international banking, and treasury units.

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

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