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

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

Several other large investors also recently made changes to their positions in SMFG. Charles Schwab Investment Management Inc. lifted its position in Sumitomo Mitsui Financial Group by 12.7% during the 3rd 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 in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of Sumitomo Mitsui Financial Group by 21.7% in the third quarter. Crossmark Global Holdings Inc. now owns 493,977 shares of the bank’s stock worth $6,239,000 after acquiring an additional 87,993 shares during the last quarter. Cerity Partners LLC lifted its position in shares of Sumitomo Mitsui Financial Group by 31.7% during the third quarter. Cerity Partners LLC now owns 353,043 shares of the bank’s stock worth $4,459,000 after purchasing an additional 84,989 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Sumitomo Mitsui Financial Group by 844.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 326,942 shares of the bank’s stock valued at $4,129,000 after purchasing an additional 292,334 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Sumitomo Mitsui Financial Group by 60.6% in the third quarter. JPMorgan Chase & Co. now owns 1,369,950 shares of the bank’s stock valued at $17,302,000 after purchasing an additional 517,179 shares in the last quarter. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Price Performance

Sumitomo Mitsui Financial Group stock opened at $14.88 on Friday. The business’s 50-day simple moving average is $14.65 and its 200 day simple moving average is $13.66. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 1.91. The stock has a market cap of $97.30 billion, a price-to-earnings ratio of 12.82, a P/E/G ratio of 2.30 and a beta of 0.63. Sumitomo Mitsui Financial Group, Inc. has a 12-month low of $10.10 and a 12-month high of $15.56.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised 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.