Keel Point LLC Buys 1,042 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Keel Point LLC lifted its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 9.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,842 shares of the bank’s stock after acquiring an additional 1,042 shares during the quarter. Keel Point LLC’s holdings in Sumitomo Mitsui Financial Group were worth $115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. Global Retirement Partners LLC grew its stake in Sumitomo Mitsui Financial Group by 74.8% during the third quarter. Global Retirement Partners LLC now owns 2,869 shares of the bank’s stock worth $27,000 after purchasing an additional 1,228 shares during the period. Tower Research Capital LLC TRC grew its stake in Sumitomo Mitsui Financial Group by 69.9% during the second quarter. Tower Research Capital LLC TRC now owns 3,241 shares of the bank’s stock worth $28,000 after purchasing an additional 1,333 shares during the period. Bruce G. Allen Investments LLC acquired a new stake in Sumitomo Mitsui Financial Group during the fourth quarter worth approximately $33,000. Fortis Capital Advisors LLC acquired a new stake in Sumitomo Mitsui Financial Group in the fourth quarter valued at approximately $37,000. Finally, Parkside Financial Bank & Trust grew its stake in Sumitomo Mitsui Financial Group by 1,392.6% in the third quarter. Parkside Financial Bank & Trust now owns 5,254 shares of the bank’s stock valued at $52,000 after acquiring an additional 4,902 shares during the period. 3.85% of the stock is currently owned by institutional investors.

Sumitomo Mitsui Financial Group Stock Performance

Shares of Sumitomo Mitsui Financial Group stock opened at $11.10 on Thursday. 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 50 day moving average price of $11.31 and a two-hundred day moving average price of $10.32. The stock has a market capitalization of $74.20 billion, a PE ratio of 12.61, a price-to-earnings-growth ratio of 1.20 and a beta of 0.58.

Sumitomo Mitsui Financial Group (NYSE:SMFG) last announced its quarterly earnings data on Thursday, February 1st. The bank reported $0.38 EPS for the quarter. The firm had revenue of $14.95 billion during the quarter. Sumitomo Mitsui Financial Group had a return on equity of 7.27% and a net margin of 9.71%. Research analysts forecast that Sumitomo Mitsui Financial Group, Inc. will post 0.94 EPS for the current 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.