Caprock Group LLC Has $1.90 Million Stock Position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Caprock Group LLC increased its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 130,770 shares of the bank’s stock after purchasing an additional 1,927 shares during the period. Caprock Group LLC’s holdings in Sumitomo Mitsui Financial Group were worth $1,895,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. FMR LLC grew its position in shares of Sumitomo Mitsui Financial Group by 5.0% during the 3rd quarter. FMR LLC now owns 7,193,840 shares of the bank’s stock worth $90,858,000 after buying an additional 342,604 shares during the period. JPMorgan Chase & Co. boosted its stake in Sumitomo Mitsui Financial Group by 60.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,369,950 shares of the bank’s stock worth $17,302,000 after acquiring an additional 517,179 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its holdings in Sumitomo Mitsui Financial Group by 266.5% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 615,800 shares of the bank’s stock valued at $8,258,000 after purchasing an additional 447,800 shares during the period. Quantinno Capital Management LP increased its stake in Sumitomo Mitsui Financial Group by 23.5% in the third quarter. Quantinno Capital Management LP now owns 546,173 shares of the bank’s stock valued at $6,898,000 after purchasing an additional 103,810 shares in the last quarter. Finally, Crossmark Global Holdings Inc. increased its stake in Sumitomo Mitsui Financial Group by 0.9% in the fourth quarter. Crossmark Global Holdings Inc. now owns 498,398 shares of the bank’s stock valued at $7,222,000 after purchasing an additional 4,421 shares in the last quarter. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Performance

SMFG stock opened at $14.88 on Friday. Sumitomo Mitsui Financial Group, Inc. has a 1-year low of $10.10 and a 1-year 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 firm has a market cap of $97.30 billion, a PE ratio of 12.82, a P/E/G ratio of 2.30 and a beta of 0.63. The business’s 50-day moving average price is $14.65 and its two-hundred day moving average price is $13.66.

Analyst Upgrades and Downgrades

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

About Sumitomo Mitsui Financial Group

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.