Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Shares Acquired by Atomi Financial Group Inc.

Atomi Financial Group Inc. increased its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 27.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,624 shares of the bank’s stock after acquiring an additional 12,577 shares during the period. Atomi Financial Group Inc.’s holdings in Sumitomo Mitsui Financial Group were worth $786,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Traveka Wealth LLC boosted its stake in shares of Sumitomo Mitsui Financial Group by 3.2% during the 2nd quarter. Traveka Wealth LLC now owns 27,506 shares of the bank’s stock worth $369,000 after acquiring an additional 859 shares in the last quarter. Claro Advisors LLC increased its stake in Sumitomo Mitsui Financial Group by 6.0% in the 1st quarter. Claro Advisors LLC now owns 16,712 shares of the bank’s stock worth $197,000 after purchasing an additional 943 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Sumitomo Mitsui Financial Group by 5.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 20,246 shares of the bank’s stock worth $271,000 after buying an additional 963 shares during the period. Sage Rhino Capital LLC lifted its stake in Sumitomo Mitsui Financial Group by 2.8% during the first quarter. Sage Rhino Capital LLC now owns 37,004 shares of the bank’s stock valued at $436,000 after buying an additional 999 shares in the last quarter. Finally, Lindbrook Capital LLC boosted its holdings in shares of Sumitomo Mitsui Financial Group by 7.3% in the first quarter. Lindbrook Capital LLC now owns 17,368 shares of the bank’s stock worth $204,000 after buying an additional 1,176 shares during the period. 3.85% of the stock is currently owned by institutional investors.

Sumitomo Mitsui Financial Group Trading Up 0.1 %

Shares of Sumitomo Mitsui Financial Group stock traded up $0.01 during trading on Wednesday, hitting $13.31. The stock had a trading volume of 46,153 shares, compared to its average volume of 1,235,379. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $8.95 and a 1 year high of $14.53. The stock has a 50 day simple moving average of $13.32 and a 200 day simple moving average of $12.29. 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 company has a market capitalization of $87.70 billion, a PE ratio of 13.30, a P/E/G ratio of 0.86 and a beta of 0.62.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last posted its quarterly earnings data on Friday, August 2nd. The bank reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.06. The firm had revenue of $16.18 billion for the quarter. Sumitomo Mitsui Financial Group had a net margin of 11.28% and a return on equity of 8.13%. On average, research analysts expect that Sumitomo Mitsui Financial Group, Inc. will post 1.13 EPS for the current fiscal year.

Sumitomo Mitsui Financial Group Company 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.