Sumitomo Mitsui Trust (OTCMKTS:SUTNY) Issues Earnings Results

Sumitomo Mitsui Trust (OTCMKTS:SUTNYGet Free Report) announced its quarterly earnings data on Friday. The company reported $0.11 EPS for the quarter, Zacks reports. The firm had revenue of $5.56 billion during the quarter.

Sumitomo Mitsui Trust Price Performance

SUTNY stock opened at $7.14 on Friday. Sumitomo Mitsui Trust has a 1-year low of $5.03 and a 1-year high of $7.78. The business’s 50 day simple moving average is $6.64 and its 200 day simple moving average is $6.41.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Sumitomo Mitsui Trust to a “hold” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Sumitomo Mitsui Trust presently has a consensus rating of “Hold”.

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About Sumitomo Mitsui Trust

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Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.

The group’s core activities span trust banking, asset management, real estate services and wholesale banking.

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