Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Stock Position Increased by Savant Capital LLC

Savant Capital LLC grew its holdings in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 79.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,775 shares of the bank’s stock after purchasing an additional 8,778 shares during the period. Savant Capital LLC’s holdings in Sumitomo Mitsui Financial Group were worth $287,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Lake Street Advisors Group LLC grew its stake in shares of Sumitomo Mitsui Financial Group by 1.8% in the 3rd quarter. Lake Street Advisors Group LLC now owns 54,183 shares of the bank’s stock worth $684,000 after purchasing an additional 933 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in shares of Sumitomo Mitsui Financial Group by 36.8% in the 4th quarter. Richardson Financial Services Inc. now owns 3,496 shares of the bank’s stock valued at $51,000 after purchasing an additional 940 shares during the last quarter. Farther Finance Advisors LLC increased its position in Sumitomo Mitsui Financial Group by 11.0% during the third quarter. Farther Finance Advisors LLC now owns 10,183 shares of the bank’s stock worth $129,000 after buying an additional 1,007 shares during the last quarter. Apollon Wealth Management LLC lifted its position in shares of Sumitomo Mitsui Financial Group by 6.7% in the fourth quarter. Apollon Wealth Management LLC now owns 16,275 shares of the bank’s stock worth $236,000 after buying an additional 1,015 shares during the last quarter. Finally, BSW Wealth Partners boosted its stake in shares of Sumitomo Mitsui Financial Group by 6.6% during the 4th quarter. BSW Wealth Partners now owns 18,815 shares of the bank’s stock worth $273,000 after acquiring an additional 1,170 shares in the last quarter. Institutional investors and hedge funds own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Performance

NYSE SMFG opened at $15.60 on Wednesday. The company’s fifty day moving average is $14.67 and its two-hundred day moving average is $13.73. Sumitomo Mitsui Financial Group, Inc. has a 52-week low of $10.58 and a 52-week high of $15.69. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.06 and a quick ratio of 1.05. The firm has a market capitalization of $102.01 billion, a price-to-earnings ratio of 15.14, a P/E/G ratio of 2.27 and a beta of 0.63.

Analyst Upgrades and Downgrades

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

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.