Sumitomo Mitsui Financial Grp, Inc. (SMFG) Shares Bought by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC increased its position in Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) by 9.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 219,172 shares of the bank’s stock after purchasing an additional 18,330 shares during the period. Gilman Hill Asset Management LLC’s holdings in Sumitomo Mitsui Financial Grp were worth $1,760,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. UBS Group AG increased its stake in Sumitomo Mitsui Financial Grp by 12.4% during the first quarter. UBS Group AG now owns 551,753 shares of the bank’s stock worth $4,690,000 after acquiring an additional 61,002 shares during the last quarter. A.R.T. Advisors LLC bought a new stake in Sumitomo Mitsui Financial Grp during the first quarter worth approximately $133,000. United Capital Financial Advisers LLC increased its stake in Sumitomo Mitsui Financial Grp by 21.2% during the first quarter. United Capital Financial Advisers LLC now owns 48,541 shares of the bank’s stock worth $413,000 after acquiring an additional 8,489 shares during the last quarter. Royal Bank of Canada increased its stake in Sumitomo Mitsui Financial Grp by 10.3% during the first quarter. Royal Bank of Canada now owns 1,035,989 shares of the bank’s stock worth $8,805,000 after acquiring an additional 96,484 shares during the last quarter. Finally, Summit Trail Advisors LLC increased its stake in Sumitomo Mitsui Financial Grp by 730.2% during the first quarter. Summit Trail Advisors LLC now owns 117,820 shares of the bank’s stock worth $118,000 after acquiring an additional 103,629 shares during the last quarter. Institutional investors own 2.64% of the company’s stock.

Separately, ValuEngine raised Sumitomo Mitsui Financial Grp from a “sell” rating to a “hold” rating in a research note on Wednesday, September 26th.



Shares of NYSE SMFG opened at $7.62 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.04. Sumitomo Mitsui Financial Grp, Inc. has a 1-year low of $7.43 and a 1-year high of $9.67. The company has a market cap of $55.57 billion, a price-to-earnings ratio of 7.57 and a beta of 1.37.

Sumitomo Mitsui Financial Grp (NYSE:SMFG) last released its earnings results on Monday, July 30th. The bank reported $0.30 EPS for the quarter. The firm had revenue of $13.08 billion for the quarter. Sumitomo Mitsui Financial Grp had a return on equity of 6.47% and a net margin of 12.31%.

Sumitomo Mitsui Financial Grp Profile

Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business, Retail Business, International Business, and Global Markets Business.

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

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