Sumitomo Mitsui Trust (OTCMKTS:SUTNY) Releases Earnings Results

Sumitomo Mitsui Trust (OTCMKTS:SUTNY) announced its quarterly earnings data on Friday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports.

Sumitomo Mitsui Trust Price Performance

SUTNY stock traded up $0.09 during trading on Friday, hitting $7.14. The company had a trading volume of 99,314 shares, compared to its average volume of 180,311. The company has a fifty day moving average price of $6.63 and a two-hundred day moving average price of $6.41. Sumitomo Mitsui Trust has a fifty-two week low of $5.03 and a fifty-two week high of $7.78.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Sumitomo Mitsui Trust to a “hold” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Sumitomo Mitsui Trust Company Profile

Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.

The group’s core activities span trust banking, asset management, real estate services and wholesale banking.