Aprio Wealth Management LLC Raises Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Aprio Wealth Management LLC boosted its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,795 shares of the bank’s stock after acquiring an additional 863 shares during the quarter. Aprio Wealth Management LLC’s holdings in Sumitomo Mitsui Financial Group were worth $149,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SMFG. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of 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 valued at $8,258,000 after purchasing an additional 447,800 shares in the last quarter. BTC Capital Management Inc. purchased a new position in Sumitomo Mitsui Financial Group in the first quarter valued at $2,164,000. Fisher Asset Management LLC raised its position in shares of Sumitomo Mitsui Financial Group by 717.2% in the fourth quarter. Fisher Asset Management LLC now owns 158,609 shares of the bank’s stock worth $1,535,000 after acquiring an additional 139,200 shares during the period. Capital Wealth Planning LLC boosted its stake in shares of 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 in the last quarter. Finally, XY Capital Ltd acquired a new stake in shares of Sumitomo Mitsui Financial Group during the 2nd quarter valued at about $1,495,000. 3.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Sumitomo Mitsui Financial Group

In related news, Director Mitsui Financial Grou Sumitomo bought 9,247,081 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was acquired at an average price of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the purchase, the director now directly owns 9,247,081 shares of the company’s stock, valued at approximately $551,773,323.27. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.05% of the company’s stock.

Sumitomo Mitsui Financial Group Price Performance

Shares of Sumitomo Mitsui Financial Group stock opened at $12.62 on Wednesday. The firm has a market cap of $83.13 billion, a PE ratio of 12.62, a P/E/G ratio of 2.70 and a beta of 0.60. The business has a 50-day moving average price of $12.92 and a 200 day moving average price of $12.64. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.92. Sumitomo Mitsui Financial Group, Inc. has a twelve month low of $9.03 and a twelve month high of $14.53.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its earnings results on Friday, August 2nd. The bank reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.06. Sumitomo Mitsui Financial Group had a return on equity of 8.13% and a net margin of 11.28%. The business had revenue of $16.18 billion during the quarter. Sell-side analysts predict that Sumitomo Mitsui Financial Group, Inc. will post 0.4 earnings per share for the current fiscal year.

Sumitomo Mitsui Financial Group 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.