Crossmark Global Holdings Inc. Purchases 4,421 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Crossmark Global Holdings Inc. raised its position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 0.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 498,398 shares of the bank’s stock after acquiring an additional 4,421 shares during the period. Crossmark Global Holdings Inc.’s holdings in Sumitomo Mitsui Financial Group were worth $7,222,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Sumitomo Mitsui Financial Group by 60.6% in the third quarter. JPMorgan Chase & Co. now owns 1,369,950 shares of the bank’s stock worth $17,302,000 after purchasing an additional 517,179 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in Sumitomo Mitsui Financial Group by 266.5% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 615,800 shares of the bank’s stock worth $8,258,000 after buying an additional 447,800 shares in the last quarter. Benson Investment Management Company Inc. acquired a new position in shares of Sumitomo Mitsui Financial Group during the 3rd quarter worth about $5,182,000. FMR LLC grew its holdings in shares of Sumitomo Mitsui Financial Group by 5.0% in the 3rd quarter. FMR LLC now owns 7,193,840 shares of the bank’s stock valued at $90,858,000 after acquiring an additional 342,604 shares in the last quarter. Finally, Leuthold Group LLC acquired a new stake in shares of Sumitomo Mitsui Financial Group in the third quarter valued at about $3,907,000. Institutional investors and hedge funds own 3.85% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Sumitomo Mitsui Financial Group Price Performance

Shares of SMFG opened at $14.99 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 1.91. The company’s fifty day simple moving average is $14.50 and its 200 day simple moving average is $13.59. Sumitomo Mitsui Financial Group, Inc. has a 1-year low of $9.90 and a 1-year high of $15.56. The company has a market cap of $98.02 billion, a price-to-earnings ratio of 12.92, a PEG ratio of 3.32 and a beta of 0.63.

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.