14,240 Shares in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Bought by Callan Capital LLC

Callan Capital LLC bought a new position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) in the 4th quarter, Holdings Channel.com reports. The fund bought 14,240 shares of the bank’s stock, valued at approximately $138,000.

Other hedge funds also recently bought and sold shares of the company. Global Retirement Partners LLC boosted its holdings in Sumitomo Mitsui Financial Group by 74.8% in the 3rd quarter. Global Retirement Partners LLC now owns 2,869 shares of the bank’s stock worth $27,000 after buying an additional 1,228 shares during the period. Bruce G. Allen Investments LLC bought a new position in Sumitomo Mitsui Financial Group in the 4th quarter worth $33,000. Parkside Financial Bank & Trust boosted its holdings in Sumitomo Mitsui Financial Group by 1,392.6% in the 3rd quarter. Parkside Financial Bank & Trust now owns 5,254 shares of the bank’s stock worth $52,000 after buying an additional 4,902 shares during the period. NBC Securities Inc. bought a new position in Sumitomo Mitsui Financial Group in the 3rd quarter worth $96,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in Sumitomo Mitsui Financial Group by 21.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,353 shares of the bank’s stock worth $100,000 after buying an additional 1,852 shares during the period. Institutional investors own 3.85% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Performance

Shares of SMFG traded down $0.16 during midday trading on Friday, hitting $11.22. 802,020 shares of the company traded hands, compared to its average volume of 1,007,621. The firm has a 50 day moving average of $11.45 and a 200-day moving average of $10.39. Sumitomo Mitsui Financial Group, Inc. has a 52 week low of $7.79 and a 52 week high of $12.45. The stock has a market cap of $75.04 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 1.22 and a beta of 0.58.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last released its quarterly earnings data on Thursday, February 1st. The bank reported $0.38 EPS for the quarter. Sumitomo Mitsui Financial Group had a net margin of 9.71% and a return on equity of 7.27%. The business had revenue of $14.95 billion during the quarter. Sell-side analysts predict that Sumitomo Mitsui Financial Group, Inc. will post 0.94 earnings per share for the current fiscal year.

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.