Private Advisor Group LLC Buys 1,238 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Private Advisor Group LLC increased its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 5.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 24,273 shares of the bank’s stock after purchasing an additional 1,238 shares during the quarter. Private Advisor Group LLC’s holdings in Sumitomo Mitsui Financial Group were worth $307,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of SMFG. Healthcare of Ontario Pension Plan Trust Fund grew its position in Sumitomo Mitsui Financial Group by 266.5% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 615,800 shares of the bank’s stock worth $8,258,000 after acquiring an additional 447,800 shares during the last quarter. Benson Investment Management Company Inc. bought a new position in Sumitomo Mitsui Financial Group during the 3rd quarter worth approximately $5,182,000. Allspring Global Investments Holdings LLC grew its position in 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 last quarter. Capital Wealth Planning LLC grew its position in Sumitomo Mitsui Financial Group by 100.8% during the 1st quarter. Capital Wealth Planning LLC now owns 235,566 shares of the bank’s stock worth $2,773,000 after acquiring an additional 118,235 shares during the last quarter. Finally, XY Capital Ltd bought a new stake in shares of Sumitomo Mitsui Financial Group in the 2nd quarter worth approximately $1,495,000. 3.85% of the stock is currently owned by institutional investors.

Insider Transactions at Sumitomo Mitsui Financial Group

In other Sumitomo Mitsui Financial Group news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were purchased at an average cost of $59.67 per share, for a total transaction of $551,773,323.27. Following the transaction, the director now owns 9,247,081 shares in the company, valued at $551,773,323.27. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.05% of the company’s stock.

Sumitomo Mitsui Financial Group Price Performance

Shares of SMFG stock opened at $13.77 on Thursday. The firm has a market cap of $90.07 billion, a P/E ratio of 12.63, a P/E/G ratio of 2.91 and a beta of 0.59. Sumitomo Mitsui Financial Group, Inc. has a fifty-two week low of $9.03 and a fifty-two week high of $14.53. The business’s 50 day moving average price is $12.80 and its 200-day moving average price is $12.82. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.05 and a current ratio of 1.05.

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.