Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Shares Bought by Aaron Wealth Advisors LLC

Aaron Wealth Advisors LLC lifted its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 9.0% during the fourth quarter, HoldingsChannel reports. The fund owned 54,137 shares of the bank’s stock after acquiring an additional 4,470 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Sumitomo Mitsui Financial Group were worth $784,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV grew its holdings in Sumitomo Mitsui Financial Group by 14.9% during the second quarter. Mercer Global Advisors Inc. ADV now owns 201,933 shares of the bank’s stock worth $2,708,000 after acquiring an additional 26,110 shares during the period. Hsbc Holdings PLC grew its stake in shares of Sumitomo Mitsui Financial Group by 61.4% during the 2nd quarter. Hsbc Holdings PLC now owns 39,869 shares of the bank’s stock worth $535,000 after purchasing an additional 15,174 shares during the period. Sei Investments Co. increased its holdings in shares of Sumitomo Mitsui Financial Group by 4.2% in the 2nd quarter. Sei Investments Co. now owns 125,056 shares of the bank’s stock valued at $1,677,000 after purchasing an additional 5,056 shares in the last quarter. Mount Yale Investment Advisors LLC lifted its stake in shares of Sumitomo Mitsui Financial Group by 1.4% in the second quarter. Mount Yale Investment Advisors LLC now owns 79,386 shares of the bank’s stock valued at $1,065,000 after purchasing an additional 1,098 shares during the period. Finally, Evergreen Capital Management LLC boosted its holdings in Sumitomo Mitsui Financial Group by 6.4% during the second quarter. Evergreen Capital Management LLC now owns 54,278 shares of the bank’s stock worth $728,000 after buying an additional 3,265 shares in the last quarter. 3.85% of the stock is owned by hedge funds and other institutional investors.

Sumitomo Mitsui Financial Group Stock Performance

Shares of SMFG stock opened at $14.70 on Monday. The stock has a fifty day moving average price of $14.48 and a 200 day moving average price of $13.58. 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 cap of $96.12 billion, a PE ratio of 12.67, a P/E/G ratio of 3.20 and a beta of 0.63. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $9.70 and a 1 year high of $15.56.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of 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.