Mount Yale Investment Advisors LLC Has $1.07 Million Stock Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Mount Yale Investment Advisors LLC increased its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,386 shares of the bank’s stock after purchasing an additional 1,098 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in Sumitomo Mitsui Financial Group were worth $1,065,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SMFG. Sei Investments Co. increased its holdings in Sumitomo Mitsui Financial Group by 4.2% during the 2nd quarter. Sei Investments Co. now owns 125,056 shares of the bank’s stock valued at $1,677,000 after purchasing an additional 5,056 shares in the last quarter. Callan Capital LLC grew its holdings in shares of Sumitomo Mitsui Financial Group by 25.2% during the second quarter. Callan Capital LLC now owns 36,146 shares of the bank’s stock worth $485,000 after purchasing an additional 7,264 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of Sumitomo Mitsui Financial Group by 61.4% in the second quarter. Hsbc Holdings PLC now owns 39,869 shares of the bank’s stock valued at $535,000 after buying an additional 15,174 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Sumitomo Mitsui Financial Group by 20.6% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 211,467 shares of the bank’s stock valued at $2,822,000 after buying an additional 36,182 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of Sumitomo Mitsui Financial Group by 14.9% in the second quarter. Mercer Global Advisors Inc. ADV now owns 201,933 shares of the bank’s stock valued at $2,708,000 after buying an additional 26,110 shares during the last quarter. 3.85% of the stock is owned by institutional investors.

Sumitomo Mitsui Financial Group Stock Up 1.3 %

Shares of NYSE:SMFG opened at $12.87 on Monday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.92. The firm has a market cap of $84.77 billion, a P/E ratio of 12.87, a P/E/G ratio of 0.82 and a beta of 0.60. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $9.03 and a 12 month high of $14.53. The company’s 50-day moving average price is $13.19 and its two-hundred day moving average price is $12.57.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last released its quarterly earnings results on Friday, August 2nd. The bank reported $0.36 EPS for the quarter, beating the consensus estimate of $0.30 by $0.06. Sumitomo Mitsui Financial Group had a net margin of 11.28% and a return on equity of 8.13%. The business had revenue of $16.18 billion for the quarter. As a group, research analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 1.13 EPS for the current fiscal year.

Insider Activity

In other news, Director Mitsui Financial Grou Sumitomo purchased 9,247,081 shares of the business’s stock in a transaction dated Thursday, September 19th. The shares were 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

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.