Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) Shares Sold by New Republic Capital LLC

New Republic Capital LLC cut its stake in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 12.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,440 shares of the bank’s stock after selling 1,922 shares during the quarter. New Republic Capital LLC’s holdings in Sumitomo Mitsui Financial Group were worth $195,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in SMFG. Savant Capital LLC raised its holdings in Sumitomo Mitsui Financial Group by 79.8% during the fourth quarter. Savant Capital LLC now owns 19,775 shares of the bank’s stock worth $287,000 after purchasing an additional 8,778 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in Sumitomo Mitsui Financial Group by 6.7% in the fourth quarter. Apollon Wealth Management LLC now owns 16,275 shares of the bank’s stock valued at $236,000 after purchasing an additional 1,015 shares during the last quarter. Adero Partners LLC purchased a new position in shares of Sumitomo Mitsui Financial Group in the fourth quarter valued at $152,000. Choreo LLC raised its stake in shares of Sumitomo Mitsui Financial Group by 4.7% during the 4th quarter. Choreo LLC now owns 56,006 shares of the bank’s stock worth $815,000 after buying an additional 2,539 shares during the last quarter. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of Sumitomo Mitsui Financial Group in the 4th quarter worth about $177,000. Hedge funds and other institutional investors own 3.85% of the company’s stock.

Analyst Ratings Changes

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

Sumitomo Mitsui Financial Group Trading Up 0.4 %

Shares of Sumitomo Mitsui Financial Group stock opened at $14.68 on Wednesday. Sumitomo Mitsui Financial Group, Inc. has a 1 year low of $10.17 and a 1 year high of $15.56. The company has a debt-to-equity ratio of 1.94, a current ratio of 1.06 and a quick ratio of 1.05. The business has a 50 day moving average price of $14.70 and a 200 day moving average price of $13.70. The company has a market capitalization of $95.99 billion, a P/E ratio of 14.25, a P/E/G ratio of 2.27 and a beta of 0.63.

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.