Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Holdings Raised by Quantinno Capital Management LP

Quantinno Capital Management LP increased its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG - Free Report) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 563,464 shares of the bank's stock after purchasing an additional 17,291 shares during the quarter. Quantinno Capital Management LP's holdings in Sumitomo Mitsui Financial Group were worth $8,165,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its position in Sumitomo Mitsui Financial Group by 138.1% during the 4th quarter. Bessemer Group Inc. now owns 1,929 shares of the bank's stock valued at $28,000 after purchasing an additional 1,119 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 2,178.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 3,099 shares of the bank's stock valued at $45,000 after acquiring an additional 2,963 shares during the period. Richardson Financial Services Inc. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 36.8% during the fourth quarter. Richardson Financial Services Inc. now owns 3,496 shares of the bank's stock valued at $51,000 after acquiring an additional 940 shares during the period. Sierra Ocean LLC bought a new position in shares of Sumitomo Mitsui Financial Group during the fourth quarter worth about $86,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of Sumitomo Mitsui Financial Group by 32.9% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,944 shares of the bank's stock worth $115,000 after acquiring an additional 1,968 shares during the period. Institutional investors and hedge funds own 3.85% of the company's stock.

Sumitomo Mitsui Financial Group Price Performance

Sumitomo Mitsui Financial Group stock traded up $0.17 during mid-day trading on Monday, hitting $14.52. The company's stock had a trading volume of 1,814,960 shares, compared to its average volume of 1,429,352. The stock has a market capitalization of $94.00 billion, a P/E ratio of 14.10, a P/E/G ratio of 2.36 and a beta of 0.40. Sumitomo Mitsui Financial Group, Inc. has a twelve month low of $10.74 and a twelve month high of $16.74. The stock's fifty day moving average price is $14.35 and its two-hundred day moving average price is $14.55. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 1.94.

Sumitomo Mitsui Financial Group (NYSE:SMFG - Get Free Report) last announced its earnings results on Wednesday, May 21st. The bank reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.05). The company had revenue of $16.55 billion for the quarter. Sumitomo Mitsui Financial Group had a return on equity of 8.52% and a net margin of 12.61%. Research analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 0.39 earnings per share for the current year.

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.

About Sumitomo Mitsui Financial Group

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.