Farther Finance Advisors LLC Acquires 1,007 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Farther Finance Advisors LLC grew its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 11.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,183 shares of the bank’s stock after acquiring an additional 1,007 shares during the quarter. Farther Finance Advisors LLC’s holdings in Sumitomo Mitsui Financial Group were worth $129,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Traveka Wealth LLC boosted its position in shares of Sumitomo Mitsui Financial Group by 3.2% during the second quarter. Traveka Wealth LLC now owns 27,506 shares of the bank’s stock worth $369,000 after buying an additional 859 shares during the period. Aprio Wealth Management LLC raised its stake in Sumitomo Mitsui Financial Group by 7.9% in the third quarter. Aprio Wealth Management LLC now owns 11,795 shares of the bank’s stock valued at $149,000 after buying an additional 863 shares during the period. Lake Street Advisors Group LLC raised its stake in Sumitomo Mitsui Financial Group by 1.8% in the third quarter. Lake Street Advisors Group LLC now owns 54,183 shares of the bank’s stock valued at $684,000 after buying an additional 933 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Sumitomo Mitsui Financial Group by 5.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 20,246 shares of the bank’s stock valued at $271,000 after buying an additional 963 shares during the period. Finally, Checchi Capital Advisers LLC raised its stake in Sumitomo Mitsui Financial Group by 2.3% in the second quarter. Checchi Capital Advisers LLC now owns 44,580 shares of the bank’s stock valued at $598,000 after buying an additional 990 shares during the period. 3.85% of the stock is currently owned by institutional investors.

Insider Transactions at Sumitomo Mitsui Financial Group

In related news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of the stock in a transaction on Thursday, September 19th. The shares were purchased at an average price of $59.67 per share, for a total transaction of $551,773,323.27. Following the purchase, the director now directly owns 9,247,081 shares in the company, valued at approximately $551,773,323.27. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Sumitomo Mitsui Financial Group Price Performance

NYSE:SMFG opened at $14.02 on Tuesday. 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 stock’s 50 day moving average price is $12.83 and its two-hundred day moving average price is $12.87. The firm has a market capitalization of $91.70 billion, a price-to-earnings ratio of 12.90, a P/E/G ratio of 3.17 and a beta of 0.59. Sumitomo Mitsui Financial Group, Inc. has a 12-month low of $9.16 and a 12-month high of $14.53.

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.