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

Quantinno Capital Management LP lifted its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG - Free Report) by 23.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 546,173 shares of the bank's stock after acquiring an additional 103,810 shares during the period. Quantinno Capital Management LP's holdings in Sumitomo Mitsui Financial Group were worth $6,898,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Addison Advisors LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the second quarter valued at $25,000. Rothschild Investment LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the second quarter valued at $45,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the second quarter valued at $59,000. Assetmark Inc. boosted its stake in shares of Sumitomo Mitsui Financial Group by 23.6% in the third quarter. Assetmark Inc. now owns 8,738 shares of the bank's stock valued at $110,000 after purchasing an additional 1,669 shares during the period. Finally, AXA S.A. boosted its stake in shares of Sumitomo Mitsui Financial Group by 29.2% in the second quarter. AXA S.A. now owns 9,200 shares of the bank's stock valued at $123,000 after purchasing an additional 2,081 shares during the period. Institutional investors and hedge funds own 3.85% of the company's stock.

Analyst Ratings Changes

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

Insider Buying and Selling at Sumitomo Mitsui Financial Group

In other Sumitomo Mitsui Financial Group news, Director Mitsui Financial Grou Sumitomo bought 9,247,081 shares of the company's stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the acquisition, the director now owns 9,247,081 shares of the company's stock, valued at approximately $551,773,323.27. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.05% of the stock is currently owned by insiders.

Sumitomo Mitsui Financial Group Stock Down 0.7 %

NYSE SMFG traded down $0.11 during trading hours on Friday, reaching $15.05. 1,157,664 shares of the company traded hands, compared to its average volume of 800,803. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $9.16 and a 12 month high of $15.56. The company has a current ratio of 1.06, a quick ratio of 1.05 and a debt-to-equity ratio of 1.91. The stock has a market capitalization of $98.44 billion, a PE ratio of 12.97, a PEG ratio of 3.39 and a beta of 0.63. The company has a 50 day moving average of $13.48 and a two-hundred day moving average of $13.24.

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.