Jane Street Group LLC Purchases 51,917 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Jane Street Group LLC boosted its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG - Free Report) by 20.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 300,001 shares of the bank's stock after acquiring an additional 51,917 shares during the quarter. Jane Street Group LLC's holdings in Sumitomo Mitsui Financial Group were worth $3,789,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Crossmark Global Holdings Inc. raised its holdings in shares of Sumitomo Mitsui Financial Group by 21.7% during the third quarter. Crossmark Global Holdings Inc. now owns 493,977 shares of the bank's stock valued at $6,239,000 after purchasing an additional 87,993 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in Sumitomo Mitsui Financial Group by 12.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 405,921 shares of the bank's stock valued at $5,127,000 after buying an additional 45,761 shares during the last quarter. Cerity Partners LLC lifted its stake in shares of Sumitomo Mitsui Financial Group by 31.7% in the 3rd quarter. Cerity Partners LLC now owns 353,043 shares of the bank's stock worth $4,459,000 after purchasing an additional 84,989 shares during the period. &PARTNERS purchased a new position in shares of Sumitomo Mitsui Financial Group in the second quarter worth approximately $410,000. Finally, Capital Wealth Planning LLC grew its position in Sumitomo Mitsui Financial Group by 36.0% during the second quarter. Capital Wealth Planning LLC now owns 320,467 shares of the bank's stock valued at $4,297,000 after buying an additional 84,901 shares during the period. 3.85% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Sumitomo Mitsui Financial Group from a "sell" rating to a "hold" rating in a research report on Saturday, November 23rd.

Sumitomo Mitsui Financial Group Price Performance

Shares of Sumitomo Mitsui Financial Group stock traded up $0.19 on Thursday, hitting $14.17. 949,299 shares of the company traded hands, compared to its average volume of 1,212,321. Sumitomo Mitsui Financial Group, Inc. has a 52 week low of $9.16 and a 52 week high of $15.56. The business has a 50-day simple moving average of $13.84 and a 200 day simple moving average of $13.36. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.05 and a current ratio of 1.06. The stock has a market capitalization of $92.68 billion, a P/E ratio of 12.22, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63.

Sumitomo Mitsui Financial Group 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.