Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 678,848 shares changed hands during mid-day trading, a decline of 55% from the previous session's volume of 1,516,187 shares.The stock last traded at $11.78 and had previously closed at $11.81.
Sumitomo Mitsui Financial Group Trading Down 0.3 %
The firm has a market cap of $78.71 billion, a price-to-earnings ratio of 13.38, a price-to-earnings-growth ratio of 1.34 and a beta of 0.58. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06. The firm's fifty day moving average is $10.91 and its 200-day moving average is $10.17.
Sumitomo Mitsui Financial Group (NYSE:SMFG - Get Free Report) last released its earnings results on Thursday, February 1st. The bank reported $0.38 earnings per share (EPS) for the quarter. Sumitomo Mitsui Financial Group had a net margin of 9.71% and a return on equity of 7.27%. The business had revenue of $14.95 billion for the quarter. Equities analysts anticipate that Sumitomo Mitsui Financial Group, Inc. will post 0.94 earnings per share for the current year.
Institutional Investors Weigh In On Sumitomo Mitsui Financial Group
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Invesco Ltd. increased its position in shares of Sumitomo Mitsui Financial Group by 4,169.7% during the first quarter. Invesco Ltd. now owns 4,154,809 shares of the bank's stock worth $26,051,000 after acquiring an additional 4,057,499 shares in the last quarter. Jane Street Group LLC increased its position in shares of Sumitomo Mitsui Financial Group by 8,028.0% during the second quarter. Jane Street Group LLC now owns 4,035,459 shares of the bank's stock worth $23,809,000 after acquiring an additional 3,985,810 shares in the last quarter. Lazard Asset Management LLC increased its position in shares of Sumitomo Mitsui Financial Group by 44.9% during the second quarter. Lazard Asset Management LLC now owns 7,511,493 shares of the bank's stock worth $64,598,000 after acquiring an additional 2,329,260 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Sumitomo Mitsui Financial Group by 526.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,557,985 shares of the bank's stock worth $16,039,000 after acquiring an additional 2,149,935 shares in the last quarter. Finally, Samlyn Capital LLC increased its position in shares of Sumitomo Mitsui Financial Group by 260.2% during the first quarter. Samlyn Capital LLC now owns 2,517,702 shares of the bank's stock worth $20,142,000 after acquiring an additional 1,818,673 shares in the last quarter. 3.85% of the stock is owned by institutional investors.
About Sumitomo Mitsui Financial Group
(
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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.
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