Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. raised its position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 83.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 55,963 shares of the bank’s stock after acquiring an additional 25,414 shares during the period. Rockefeller Capital Management L.P.’s holdings in Sumitomo Mitsui Financial Group were worth $705,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SMFG. Aprio Wealth Management LLC lifted its position in Sumitomo Mitsui Financial Group by 7.9% in the third quarter. Aprio Wealth Management LLC now owns 11,795 shares of the bank’s stock valued at $149,000 after purchasing an additional 863 shares during the period. Lake Street Advisors Group LLC boosted its stake in shares of Sumitomo Mitsui Financial Group by 1.8% in the third quarter. Lake Street Advisors Group LLC now owns 54,183 shares of the bank’s stock valued at $684,000 after buying an additional 933 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Sumitomo Mitsui Financial Group by 5.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,246 shares of the bank’s stock worth $271,000 after acquiring an additional 963 shares during the period. Checchi Capital Advisers LLC raised its position in Sumitomo Mitsui Financial Group by 2.3% in the second quarter. Checchi Capital Advisers LLC now owns 44,580 shares of the bank’s stock worth $598,000 after acquiring an additional 990 shares in the last quarter. Finally, Werba Rubin Papier Wealth Management lifted its holdings in Sumitomo Mitsui Financial Group by 5.0% in the third quarter. Werba Rubin Papier Wealth Management now owns 21,066 shares of the bank’s stock valued at $266,000 after acquiring an additional 1,001 shares during the period. Hedge funds and other institutional investors own 3.85% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

Insider Buying and Selling

In other Sumitomo Mitsui Financial Group news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the firm’s stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average cost of $59.67 per share, for a total transaction of $551,773,323.27. Following the transaction, the director now directly owns 9,247,081 shares of the company’s stock, valued at approximately $551,773,323.27. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is currently owned by insiders.

Sumitomo Mitsui Financial Group Trading Down 0.3 %

Shares of Sumitomo Mitsui Financial Group stock opened at $15.00 on Tuesday. The company has a 50-day moving average of $13.52 and a two-hundred day moving average of $13.26. The stock has a market cap of $98.11 billion, a PE ratio of 12.93, a price-to-earnings-growth ratio of 3.41 and a beta of 0.63. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 1.91. Sumitomo Mitsui Financial Group, Inc. has a 12-month low of $9.16 and a 12-month high of $15.56.

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.