Goldman Sachs Group Inc. Has $106.80 Million Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Goldman Sachs Group Inc. lessened its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFGFree Report) by 15.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,033,220 shares of the bank’s stock after selling 1,949,479 shares during the period. Goldman Sachs Group Inc. owned about 0.16% of Sumitomo Mitsui Financial Group worth $106,802,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SMFG. Bruce G. Allen Investments LLC purchased a new position in Sumitomo Mitsui Financial Group during the fourth quarter valued at approximately $33,000. Principal Securities Inc. acquired a new stake in shares of Sumitomo Mitsui Financial Group during the 4th quarter valued at $34,000. Parkside Financial Bank & Trust grew its holdings in shares of Sumitomo Mitsui Financial Group by 1,392.6% during the 3rd quarter. Parkside Financial Bank & Trust now owns 5,254 shares of the bank’s stock valued at $52,000 after acquiring an additional 4,902 shares in the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Sumitomo Mitsui Financial Group by 25.2% in the fourth quarter. Hexagon Capital Partners LLC now owns 6,160 shares of the bank’s stock worth $60,000 after acquiring an additional 1,239 shares during the last quarter. Finally, D Orazio & Associates Inc. purchased a new stake in shares of Sumitomo Mitsui Financial Group during the fourth quarter worth $98,000. Hedge funds and other institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Trading Down 0.2 %

SMFG opened at $13.06 on Monday. The stock has a fifty day moving average price of $11.92 and a 200 day moving average price of $10.95. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $8.17 and a 1 year high of $13.41. The stock has a market cap of $86.03 billion, a price-to-earnings ratio of 13.06, a PEG ratio of 1.47 and a beta of 0.61.

Sumitomo Mitsui Financial Group (NYSE:SMFGGet Free Report) last announced its quarterly earnings results on Wednesday, May 15th. The bank reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.05. Sumitomo Mitsui Financial Group had a return on equity of 7.71% and a net margin of 10.32%. The business had revenue of $17.93 billion during the quarter. As a group, sell-side analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 0.95 earnings per share for the current fiscal year.

Sumitomo Mitsui Financial Group Company Profile

(Free Report)

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.

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

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