Calamos Advisors LLC Buys Shares of 144,000 Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Calamos Advisors LLC purchased a new position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 144,000 shares of the bank’s stock, valued at approximately $1,394,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Invesco Ltd. raised its position in Sumitomo Mitsui Financial Group by 4,169.7% in the first quarter. Invesco Ltd. now owns 4,154,809 shares of the bank’s stock valued at $26,051,000 after purchasing an additional 4,057,499 shares during the period. Jane Street Group LLC grew its stake in shares of Sumitomo Mitsui Financial Group by 8,028.0% in the second quarter. Jane Street Group LLC now owns 4,035,459 shares of the bank’s stock valued at $23,809,000 after buying an additional 3,985,810 shares in the last quarter. Lazard Asset Management LLC raised its holdings in shares of Sumitomo Mitsui Financial Group by 44.9% in the 2nd quarter. Lazard Asset Management LLC now owns 7,511,493 shares of the bank’s stock valued at $64,598,000 after buying an additional 2,329,260 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Sumitomo Mitsui Financial Group by 526.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,557,985 shares of the bank’s stock valued at $16,039,000 after buying an additional 2,149,935 shares during the period. Finally, Samlyn Capital LLC lifted its stake in Sumitomo Mitsui Financial Group by 260.2% during the 1st quarter. Samlyn Capital LLC now owns 2,517,702 shares of the bank’s stock worth $20,142,000 after acquiring an additional 1,818,673 shares in the last quarter. 3.85% of the stock is owned by institutional investors and hedge funds.

Sumitomo Mitsui Financial Group Price Performance

NYSE SMFG opened at $11.17 on Monday. The company has a market cap of $74.70 billion, a P/E ratio of 12.69, a P/E/G ratio of 1.20 and a beta of 0.58. The stock has a 50-day moving average of $11.35 and a two-hundred day moving average of $10.35. Sumitomo Mitsui Financial Group, Inc. has a 1-year low of $7.79 and a 1-year high of $12.45.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its quarterly earnings data on Thursday, February 1st. The bank reported $0.38 earnings per share for the quarter. Sumitomo Mitsui Financial Group had a net margin of 9.71% and a return on equity of 7.27%. The firm had revenue of $14.95 billion during the quarter. On average, analysts anticipate that Sumitomo Mitsui Financial Group, Inc. will post 0.94 EPS for the current fiscal year.

About Sumitomo Mitsui Financial Group

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.