Goldman Sachs Group Inc. Has $106.80 Million Stake in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Goldman Sachs Group Inc. decreased its position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 15.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 11,033,220 shares of the bank’s stock after selling 1,949,479 shares during the period. Goldman Sachs Group Inc.’s holdings in Sumitomo Mitsui Financial Group were worth $106,802,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in SMFG. FMR LLC grew its position in Sumitomo Mitsui Financial Group by 9.4% during the third quarter. FMR LLC now owns 6,960,908 shares of the bank’s stock worth $68,565,000 after buying an additional 600,360 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Sumitomo Mitsui Financial Group by 18.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,799,584 shares of the bank’s stock valued at $27,100,000 after purchasing an additional 445,413 shares in the last quarter. Natixis Advisors L.P. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 3.8% in the 3rd quarter. Natixis Advisors L.P. now owns 2,218,778 shares of the bank’s stock valued at $21,855,000 after purchasing an additional 80,733 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 6.3% in the 3rd quarter. American Century Companies Inc. now owns 1,137,275 shares of the bank’s stock valued at $11,202,000 after purchasing an additional 67,464 shares in the last quarter. Finally, Anderson Hoagland & Co. boosted its holdings in shares of Sumitomo Mitsui Financial Group by 0.3% in the 4th quarter. Anderson Hoagland & Co. now owns 830,747 shares of the bank’s stock valued at $8,183,000 after purchasing an additional 2,110 shares in the last quarter. Institutional investors and hedge funds own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Performance

Shares of SMFG traded down $0.01 during trading hours on Friday, reaching $12.62. The stock had a trading volume of 1,196,735 shares, compared to its average volume of 761,555. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $8.18 and a 12 month high of $13.41. The stock has a market capitalization of $83.13 billion, a PE ratio of 12.62, a PEG ratio of 1.42 and a beta of 0.61. The company’s 50-day moving average is $12.05 and its two-hundred day moving average is $11.04.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its earnings results on Wednesday, May 15th. The bank reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.05. The business had revenue of $17.93 billion during the quarter. Sumitomo Mitsui Financial Group had a return on equity of 7.71% and a net margin of 10.32%. Equities analysts anticipate that Sumitomo Mitsui Financial Group, Inc. will post 0.95 earnings per share for the current fiscal 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.