Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Stock Position Lifted by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFGFree Report) by 46.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 85,626 shares of the bank’s stock after acquiring an additional 27,295 shares during the period. BNP Paribas Financial Markets’ holdings in Sumitomo Mitsui Financial Group were worth $829,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMFG. Keel Point LLC grew its position in Sumitomo Mitsui Financial Group by 9.6% in the fourth quarter. Keel Point LLC now owns 11,842 shares of the bank’s stock worth $115,000 after acquiring an additional 1,042 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Sumitomo Mitsui Financial Group by 9.6% in the third quarter. Commonwealth Equity Services LLC now owns 14,133 shares of the bank’s stock worth $139,000 after acquiring an additional 1,235 shares in the last quarter. Hexagon Capital Partners LLC grew its position in Sumitomo Mitsui Financial Group by 25.2% in the fourth quarter. Hexagon Capital Partners LLC now owns 6,160 shares of the bank’s stock worth $60,000 after acquiring an additional 1,239 shares in the last quarter. Drive Wealth Management LLC grew its position in Sumitomo Mitsui Financial Group by 7.4% in the fourth quarter. Drive Wealth Management LLC now owns 19,062 shares of the bank’s stock worth $185,000 after acquiring an additional 1,314 shares in the last quarter. Finally, Vanguard Capital Wealth Advisors grew its position in Sumitomo Mitsui Financial Group by 3.1% in the fourth quarter. Vanguard Capital Wealth Advisors now owns 51,774 shares of the bank’s stock worth $501,000 after acquiring an additional 1,559 shares in the last quarter. 3.85% of the stock is owned by hedge funds and other institutional investors.

Sumitomo Mitsui Financial Group Stock Up 1.4 %

SMFG stock opened at $12.82 on Friday. The company has a market capitalization of $84.45 billion, a price-to-earnings ratio of 12.82, a P/E/G ratio of 1.44 and a beta of 0.59. Sumitomo Mitsui Financial Group, Inc. has a 12 month low of $7.95 and a 12 month high of $12.89. The firm has a 50 day moving average of $11.76 and a two-hundred day moving average of $10.79.

Sumitomo Mitsui Financial Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Sumitomo Mitsui Financial Group (NYSE:SMFG)

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