BSW Wealth Partners Acquires 1,170 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

BSW Wealth Partners grew its holdings in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 6.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 18,815 shares of the bank’s stock after purchasing an additional 1,170 shares during the period. BSW Wealth Partners’ holdings in Sumitomo Mitsui Financial Group were worth $273,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of SMFG. Versant Capital Management Inc acquired a new stake in Sumitomo Mitsui Financial Group in the fourth quarter valued at $30,000. Bruce G. Allen Investments LLC grew its position in shares of Sumitomo Mitsui Financial Group by 29.5% in the 4th quarter. Bruce G. Allen Investments LLC now owns 5,445 shares of the bank’s stock valued at $79,000 after buying an additional 1,239 shares during the last quarter. Assetmark Inc. increased its stake in shares of Sumitomo Mitsui Financial Group by 23.6% in the third quarter. Assetmark Inc. now owns 8,738 shares of the bank’s stock valued at $110,000 after buying an additional 1,669 shares during the period. AXA S.A. raised its position in shares of Sumitomo Mitsui Financial Group by 29.2% during the second quarter. AXA S.A. now owns 9,200 shares of the bank’s stock worth $123,000 after acquiring an additional 2,081 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in shares of Sumitomo Mitsui Financial Group by 11.0% in the third quarter. Farther Finance Advisors LLC now owns 10,183 shares of the bank’s stock worth $129,000 after acquiring an additional 1,007 shares during the period. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Price Performance

Shares of NYSE SMFG opened at $15.26 on Thursday. The company has a market capitalization of $99.78 billion, a PE ratio of 13.15, a P/E/G ratio of 3.28 and a beta of 0.63. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 1.91. Sumitomo Mitsui Financial Group, Inc. has a twelve month low of $10.10 and a twelve month high of $15.56. The firm has a fifty day simple moving average of $14.59 and a 200 day simple moving average of $13.63.

Wall Street Analysts Forecast Growth

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.