Quadrant Capital Group LLC Has $444,000 Position in Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG)

Quadrant Capital Group LLC grew its position in Sumitomo Mitsui Financial Grp, Inc. (NYSE:SMFG) by 52.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,506 shares of the bank’s stock after purchasing an additional 22,203 shares during the quarter. Quadrant Capital Group LLC’s holdings in Sumitomo Mitsui Financial Grp were worth $444,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SMFG. NINE MASTS CAPITAL Ltd grew its position in shares of Sumitomo Mitsui Financial Grp by 681.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 4,324,908 shares of the bank’s stock valued at $28,155,000 after purchasing an additional 3,771,583 shares during the last quarter. LMR Partners LLP grew its position in Sumitomo Mitsui Financial Grp by 352.9% during the fourth quarter. LMR Partners LLP now owns 3,599,115 shares of the bank’s stock worth $23,920,000 after buying an additional 2,804,475 shares in the last quarter. Federated Investors Inc. PA grew its position in Sumitomo Mitsui Financial Grp by 201.9% during the third quarter. Federated Investors Inc. PA now owns 1,018,518 shares of the bank’s stock worth $8,179,000 after buying an additional 681,144 shares in the last quarter. Bank of America Corp DE grew its position in Sumitomo Mitsui Financial Grp by 3.2% during the fourth quarter. Bank of America Corp DE now owns 16,301,060 shares of the bank’s stock worth $106,120,000 after buying an additional 511,782 shares in the last quarter. Finally, Fisher Asset Management LLC grew its position in Sumitomo Mitsui Financial Grp by 0.8% during the fourth quarter. Fisher Asset Management LLC now owns 59,890,594 shares of the bank’s stock worth $389,888,000 after buying an additional 454,219 shares in the last quarter. 2.57% of the stock is currently owned by institutional investors.

A number of equities research analysts recently issued reports on SMFG shares. ValuEngine downgraded Sumitomo Mitsui Financial Grp from a “hold” rating to a “sell” rating in a research report on Thursday, February 7th. Zacks Investment Research raised Sumitomo Mitsui Financial Grp from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 15th.

Shares of SMFG stock traded down $0.05 during trading hours on Wednesday, reaching $6.97. The company’s stock had a trading volume of 945,059 shares, compared to its average volume of 1,367,464. The company has a market cap of $49.35 billion, a PE ratio of 7.26, a P/E/G ratio of 1.74 and a beta of 1.28. Sumitomo Mitsui Financial Grp, Inc. has a fifty-two week low of $6.32 and a fifty-two week high of $8.49.

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About Sumitomo Mitsui Financial Grp

Sumitomo Mitsui Financial Group, Inc, together with its subsidiaries, provides commercial banking, leasing, securities, consumer finance, and other services primarily in Japan. It operates through four segments: Wholesale Business, Retail Business, International Business, and Global Markets Business.

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

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