Rosenberg Matthew Hamilton Sells 1,319 Shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Rosenberg Matthew Hamilton trimmed its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 25.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,827 shares of the bank’s stock after selling 1,319 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Sumitomo Mitsui Financial Group were worth $55,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Versant Capital Management Inc bought a new stake in shares of Sumitomo Mitsui Financial Group during the 4th quarter valued at about $30,000. Bruce G. Allen Investments LLC boosted its holdings in shares of Sumitomo Mitsui Financial Group by 29.5% in the fourth quarter. Bruce G. Allen Investments LLC now owns 5,445 shares of the bank’s stock worth $79,000 after buying an additional 1,239 shares during the last quarter. Assetmark Inc. grew its position in Sumitomo Mitsui Financial Group by 23.6% during the third quarter. Assetmark Inc. now owns 8,738 shares of the bank’s stock valued at $110,000 after buying an additional 1,669 shares during the period. AXA S.A. grew its position in Sumitomo Mitsui Financial Group by 29.2% during the second quarter. AXA S.A. now owns 9,200 shares of the bank’s stock valued at $123,000 after buying an additional 2,081 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Sumitomo Mitsui Financial Group by 11.0% during the third quarter. Farther Finance Advisors LLC now owns 10,183 shares of the bank’s stock valued at $129,000 after buying an additional 1,007 shares during the last quarter. 3.85% of the stock is currently owned by hedge funds and other institutional investors.

Sumitomo Mitsui Financial Group Price Performance

NYSE SMFG opened at $14.29 on Wednesday. The business’s fifty day moving average is $14.43 and its 200 day moving average is $13.56. Sumitomo Mitsui Financial Group, Inc. has a fifty-two week low of $9.69 and a fifty-two week high of $15.56. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.05 and a current ratio of 1.06. The company has a market capitalization of $93.47 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63.

Analysts Set New Price Targets

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

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.