Aaron Wealth Advisors LLC Grows Stock Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Aaron Wealth Advisors LLC grew its position in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 9.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,137 shares of the bank’s stock after buying an additional 4,470 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Sumitomo Mitsui Financial Group were worth $784,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SMFG. FMR LLC lifted its holdings in Sumitomo Mitsui Financial Group by 5.0% during the 3rd quarter. FMR LLC now owns 7,193,840 shares of the bank’s stock worth $90,858,000 after buying an additional 342,604 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Sumitomo Mitsui Financial Group by 60.6% during the third quarter. JPMorgan Chase & Co. now owns 1,369,950 shares of the bank’s stock worth $17,302,000 after acquiring an additional 517,179 shares during the period. Healthcare of Ontario Pension Plan Trust Fund raised its stake in shares of Sumitomo Mitsui Financial Group by 266.5% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 615,800 shares of the bank’s stock valued at $8,258,000 after acquiring an additional 447,800 shares in the last quarter. Quantinno Capital Management LP raised its stake in shares of Sumitomo Mitsui Financial Group by 23.5% in the third quarter. Quantinno Capital Management LP now owns 546,173 shares of the bank’s stock valued at $6,898,000 after acquiring an additional 103,810 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Sumitomo Mitsui Financial Group by 3.6% in the third quarter. Franklin Resources Inc. now owns 497,165 shares of the bank’s stock valued at $6,538,000 after purchasing an additional 17,120 shares during the period. Hedge funds and other institutional investors own 3.85% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Sumitomo Mitsui Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Sumitomo Mitsui Financial Group Stock Down 0.2 %

Shares of Sumitomo Mitsui Financial Group stock opened at $14.70 on Monday. Sumitomo Mitsui Financial Group, Inc. has a 52-week low of $9.70 and a 52-week high of $15.56. The company has a 50 day moving average of $14.48 and a 200 day moving average of $13.58. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 1.91. The company has a market capitalization of $96.12 billion, a P/E ratio of 12.67, a P/E/G ratio of 3.20 and a beta of 0.63.

About Sumitomo Mitsui Financial Group

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.