Evergreen Capital Management LLC Buys 3,265 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Evergreen Capital Management LLC lifted its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 6.4% in the second quarter, HoldingsChannel reports. The fund owned 54,278 shares of the bank’s stock after acquiring an additional 3,265 shares during the period. Evergreen Capital Management LLC’s holdings in Sumitomo Mitsui Financial Group were worth $728,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its stake in shares of Sumitomo Mitsui Financial Group by 18.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,799,584 shares of the bank’s stock valued at $27,100,000 after acquiring an additional 445,413 shares during the period. American Century Companies Inc. grew its stake in shares of Sumitomo Mitsui Financial Group by 5.4% during the 2nd quarter. American Century Companies Inc. now owns 1,344,869 shares of the bank’s stock valued at $18,035,000 after acquiring an additional 69,145 shares during the period. Anderson Hoagland & Co. grew its stake in shares of Sumitomo Mitsui Financial Group by 3.5% during the 1st quarter. Anderson Hoagland & Co. now owns 859,561 shares of the bank’s stock valued at $9,919,000 after acquiring an additional 28,814 shares during the period. Natixis Advisors LLC boosted its stake in Sumitomo Mitsui Financial Group by 7.2% in the 2nd quarter. Natixis Advisors LLC now owns 588,690 shares of the bank’s stock worth $7,894,000 after purchasing an additional 39,412 shares during the period. Finally, O Shaughnessy Asset Management LLC grew its holdings in Sumitomo Mitsui Financial Group by 19.9% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 523,752 shares of the bank’s stock valued at $6,165,000 after buying an additional 86,898 shares in the last quarter. 3.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Sumitomo Mitsui Financial Group

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

Sumitomo Mitsui Financial Group Trading Down 0.9 %

Shares of SMFG opened at $12.78 on Wednesday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.05 and a quick ratio of 1.05. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $9.03 and a 1 year high of $14.53. The company has a 50 day simple moving average of $13.15 and a two-hundred day simple moving average of $12.58. The firm has a market cap of $83.59 billion, a P/E ratio of 12.78, a price-to-earnings-growth ratio of 0.90 and a beta of 0.60.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its quarterly earnings data on Friday, August 2nd. The bank reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.06. Sumitomo Mitsui Financial Group had a net margin of 11.28% and a return on equity of 8.13%. The business had revenue of $16.18 billion during the quarter. On average, equities analysts expect that Sumitomo Mitsui Financial Group, Inc. will post 1.23 earnings per share for the current fiscal year.

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.