Werba Rubin Papier Wealth Management Has $266,000 Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Werba Rubin Papier Wealth Management lifted its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 5.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,066 shares of the bank’s stock after purchasing an additional 1,001 shares during the period. Werba Rubin Papier Wealth Management’s holdings in Sumitomo Mitsui Financial Group were worth $266,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SMFG. Blue Trust Inc. lifted its stake in shares of Sumitomo Mitsui Financial Group by 141.2% during the third quarter. Blue Trust Inc. now owns 38,443 shares of the bank’s stock valued at $516,000 after acquiring an additional 22,507 shares during the period. Net Worth Advisory Group acquired a new position in Sumitomo Mitsui Financial Group during the 3rd quarter valued at about $320,000. Aaron Wealth Advisors LLC boosted its stake in shares of Sumitomo Mitsui Financial Group by 19.3% in the 3rd quarter. Aaron Wealth Advisors LLC now owns 49,667 shares of the bank’s stock valued at $627,000 after purchasing an additional 8,032 shares during the last quarter. Benson Investment Management Company Inc. acquired a new stake in shares of Sumitomo Mitsui Financial Group during the 3rd quarter worth approximately $5,182,000. Finally, Creative Planning raised its stake in shares of Sumitomo Mitsui Financial Group by 5.2% during the third quarter. Creative Planning now owns 376,490 shares of the bank’s stock worth $4,755,000 after buying an additional 18,575 shares during the last quarter. 3.85% of the stock is owned by institutional investors.

Insider Transactions at Sumitomo Mitsui Financial Group

In related news, Director Mitsui Financial Grou Sumitomo purchased 9,247,081 shares of the 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 purchase, the director now directly owns 9,247,081 shares in the company, valued at $551,773,323.27. The purchase was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.05% of the company’s stock.

Sumitomo Mitsui Financial Group Trading Up 0.8 %

Shares of NYSE SMFG opened at $13.15 on Friday. Sumitomo Mitsui Financial Group, Inc. has a fifty-two week low of $9.03 and a fifty-two week high of $14.53. The firm has a market capitalization of $86.62 billion, a P/E ratio of 13.15, a P/E/G ratio of 2.83 and a beta of 0.60. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.05 and a quick ratio of 1.05. The company’s 50 day simple moving average is $12.96 and its 200 day simple moving average is $12.71.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last posted its quarterly earnings results on Friday, August 2nd. The bank reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.06. The business had revenue of $16.18 billion for the quarter. Sumitomo Mitsui Financial Group had a return on equity of 8.13% and a net margin of 11.28%. On average, analysts predict that Sumitomo Mitsui Financial Group, Inc. will post 0.4 EPS for the current year.

Sumitomo Mitsui Financial Group Company 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.