Transamerica Financial Advisors Inc. Has $225,000 Stock Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Transamerica Financial Advisors Inc. increased its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 23.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,486 shares of the bank’s stock after purchasing an additional 2,897 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Sumitomo Mitsui Financial Group were worth $225,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Versant Capital Management Inc acquired a new stake in shares of Sumitomo Mitsui Financial Group in the fourth quarter valued at approximately $30,000. Richardson Financial Services Inc. increased its stake in Sumitomo Mitsui Financial Group by 36.8% during the 4th quarter. Richardson Financial Services Inc. now owns 3,496 shares of the bank’s stock worth $51,000 after acquiring an additional 940 shares during the period. Bruce G. Allen Investments LLC increased its stake in Sumitomo Mitsui Financial Group by 29.5% during the 4th quarter. Bruce G. Allen Investments LLC now owns 5,445 shares of the bank’s stock worth $79,000 after acquiring an additional 1,239 shares during the period. Sierra Ocean LLC acquired a new position in Sumitomo Mitsui Financial Group in the 4th quarter valued at $86,000. Finally, Parkside Financial Bank & Trust lifted its position in shares of Sumitomo Mitsui Financial Group by 32.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,944 shares of the bank’s stock valued at $115,000 after acquiring an additional 1,968 shares during the period. 3.85% of the stock is owned by institutional investors and hedge funds.

Sumitomo Mitsui Financial Group Price Performance

Shares of NYSE:SMFG opened at $15.75 on Friday. The firm has a 50 day moving average of $15.34 and a 200-day moving average of $14.28. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $10.74 and a 12 month high of $16.74. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 1.94. The stock has a market capitalization of $101.93 billion, a PE ratio of 15.29, a PEG ratio of 2.36 and a beta of 0.59.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research note on Friday, March 21st.

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.