Crossmark Global Holdings Inc. Boosts Holdings in Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG)

Crossmark Global Holdings Inc. increased its holdings in shares of Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) by 1.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,930,017 shares of the bank’s stock after purchasing an additional 28,220 shares during the period. Crossmark Global Holdings Inc.’s holdings in Sumitomo Mitsui Financial Grp were worth $16,772,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its stake in shares of Sumitomo Mitsui Financial Grp by 7.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 479,664 shares of the bank’s stock worth $3,773,000 after purchasing an additional 32,580 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Sumitomo Mitsui Financial Grp by 508.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 59,415 shares of the bank’s stock worth $467,000 after acquiring an additional 49,644 shares during the last quarter. Advisor Group Inc. increased its holdings in shares of Sumitomo Mitsui Financial Grp by 459.9% during the 2nd quarter. Advisor Group Inc. now owns 45,987 shares of the bank’s stock worth $359,000 after acquiring an additional 37,773 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Sumitomo Mitsui Financial Grp during the 2nd quarter worth approximately $341,000. Finally, Stifel Financial Corp increased its holdings in shares of Sumitomo Mitsui Financial Grp by 12.2% during the 2nd quarter. Stifel Financial Corp now owns 530,142 shares of the bank’s stock worth $4,183,000 after acquiring an additional 57,746 shares during the last quarter. Institutional investors and hedge funds own 2.50% of the company’s stock.

Shares of Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) traded down $0.15 during mid-day trading on Tuesday, hitting $8.75. The company had a trading volume of 471,819 shares, compared to its average volume of 1,256,498. The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 0.94. Sumitomo Mitsui Financial Grp, Inc. has a twelve month low of $6.93 and a twelve month high of $9.67. The company has a market cap of $61,864.91, a P/E ratio of 8.41 and a beta of 1.30.

Sumitomo Mitsui Financial Grp (NYSE:SMFG) last announced its quarterly earnings data on Tuesday, November 14th. The bank reported $0.23 earnings per share for the quarter. The business had revenue of $12.50 billion during the quarter. Sumitomo Mitsui Financial Grp had a return on equity of 7.28% and a net margin of 14.38%. analysts anticipate that Sumitomo Mitsui Financial Grp, Inc. will post 0.93 EPS for the current year.

A number of research analysts have commented on SMFG shares. Zacks Investment Research raised Sumitomo Mitsui Financial Grp from a “strong sell” rating to a “hold” rating in a report on Thursday, November 2nd. ValuEngine raised Sumitomo Mitsui Financial Grp from a “buy” rating to a “strong-buy” rating in a report on Thursday, December 14th. Finally, BidaskClub raised Sumitomo Mitsui Financial Grp from a “strong sell” rating to a “sell” rating in a report on Friday, October 27th.

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Sumitomo Mitsui Financial Grp Profile

Sumitomo Mitsui Financial Group, Inc is a holding company for Sumitomo Mitsui Banking Corporation (the Bank) and its subsidiaries. The Company operates through four segments: Commercial Banking, Leasing, Securities and Consumer Finance. The Company and its subsidiaries offer a range of financial services, including commercial banking, leasing, securities, consumer finance and other services.

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

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