Flputnam Investment Management Co. Makes New $108,000 Investment in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Flputnam Investment Management Co. acquired a new position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,175 shares of the bank’s stock, valued at approximately $108,000.

A number of other large investors also recently modified their holdings of the stock. Tower Research Capital LLC TRC raised its position in Sumitomo Mitsui Financial Group by 31.7% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,270 shares of the bank’s stock valued at $42,000 after buying an additional 1,029 shares during the last quarter. Keel Point LLC lifted its position in shares of Sumitomo Mitsui Financial Group by 9.6% during the fourth quarter. Keel Point LLC now owns 11,842 shares of the bank’s stock valued at $115,000 after purchasing an additional 1,042 shares in the last quarter. Gradient Investments LLC lifted its position in shares of Sumitomo Mitsui Financial Group by 2.0% during the third quarter. Gradient Investments LLC now owns 56,695 shares of the bank’s stock valued at $558,000 after purchasing an additional 1,110 shares in the last quarter. Sage Rhino Capital LLC boosted its holdings in Sumitomo Mitsui Financial Group by 3.3% during the third quarter. Sage Rhino Capital LLC now owns 36,771 shares of the bank’s stock worth $362,000 after purchasing an additional 1,172 shares during the last quarter. Finally, Global Retirement Partners LLC grew its position in Sumitomo Mitsui Financial Group by 74.8% in the 3rd quarter. Global Retirement Partners LLC now owns 2,869 shares of the bank’s stock worth $27,000 after purchasing an additional 1,228 shares in the last quarter. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Up 0.4 %

Sumitomo Mitsui Financial Group stock opened at $11.14 on Friday. Sumitomo Mitsui Financial Group, Inc. has a 52 week low of $7.79 and a 52 week high of $12.45. The company’s 50 day moving average price is $11.33 and its two-hundred day moving average price is $10.33. The stock has a market cap of $74.50 billion, a P/E ratio of 12.66, a P/E/G ratio of 1.19 and a beta of 0.58.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last posted its quarterly earnings data on Thursday, February 1st. The bank reported $0.38 earnings per share for the quarter. The business had revenue of $14.95 billion for the quarter. Sumitomo Mitsui Financial Group had a return on equity of 7.27% and a net margin of 9.71%. On average, equities analysts anticipate that Sumitomo Mitsui Financial Group, Inc. will post 0.94 EPS for the current 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.