Virtu Financial LLC Purchases New Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Virtu Financial LLC acquired a new position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 22,069 shares of the bank’s stock, valued at approximately $279,000.

Other large investors also recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. increased its stake in shares of Sumitomo Mitsui Financial Group by 21.7% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 493,977 shares of the bank’s stock worth $6,239,000 after purchasing an additional 87,993 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Sumitomo Mitsui Financial Group by 12.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 405,921 shares of the bank’s stock worth $5,127,000 after buying an additional 45,761 shares during the last quarter. Cerity Partners LLC raised its holdings in Sumitomo Mitsui Financial Group by 31.7% during the third quarter. Cerity Partners LLC now owns 353,043 shares of the bank’s stock valued at $4,459,000 after buying an additional 84,989 shares in the last quarter. &PARTNERS acquired a new stake in shares of Sumitomo Mitsui Financial Group in the second quarter worth about $410,000. Finally, Capital Wealth Planning LLC boosted its stake in shares of Sumitomo Mitsui Financial Group by 36.0% during the 2nd quarter. Capital Wealth Planning LLC now owns 320,467 shares of the bank’s stock worth $4,297,000 after acquiring an additional 84,901 shares in the last quarter. 3.85% of the stock is owned by institutional investors and hedge funds.

Sumitomo Mitsui Financial Group Stock Performance

Shares of SMFG opened at $14.37 on Wednesday. The company has a market capitalization of $93.99 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63. The company has a debt-to-equity ratio of 1.91, a current ratio of 1.06 and a quick ratio of 1.05. Sumitomo Mitsui Financial Group, Inc. has a one year low of $9.16 and a one year high of $15.56. The company’s fifty day moving average price is $13.78 and its 200 day moving average price is $13.35.

Insider Transactions at Sumitomo Mitsui Financial Group

In other Sumitomo Mitsui Financial Group news, Director Mitsui Financial Grou Sumitomo acquired 9,247,081 shares of Sumitomo Mitsui Financial Group stock in a transaction dated Thursday, September 19th. The stock was bought at an average cost of $59.67 per share, with a total value of $551,773,323.27. Following the completion of the transaction, the director now owns 9,247,081 shares of the company’s stock, valued at $551,773,323.27. The trade was 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 corporate insiders.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

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.