Virtu Financial LLC Purchases New Holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG)

Virtu Financial LLC acquired a new position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 22,069 shares of the bank’s stock, valued at approximately $279,000.

A number of other institutional investors and hedge funds have also modified their holdings of SMFG. Coldstream Capital Management Inc. acquired a new stake in shares of Sumitomo Mitsui Financial Group during the 3rd quarter valued at about $189,000. MML Investors Services LLC lifted its stake in Sumitomo Mitsui Financial Group by 8.1% during the third quarter. MML Investors Services LLC now owns 68,072 shares of the bank’s stock worth $860,000 after purchasing an additional 5,123 shares during the period. Dorsey Wright & Associates boosted its holdings in Sumitomo Mitsui Financial Group by 11.7% during the third quarter. Dorsey Wright & Associates now owns 229,558 shares of the bank’s stock valued at $2,899,000 after purchasing an additional 24,108 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Sumitomo Mitsui Financial Group by 20.9% in the 3rd quarter. Jane Street Group LLC now owns 300,001 shares of the bank’s stock valued at $3,789,000 after purchasing an additional 51,917 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in shares of Sumitomo Mitsui Financial Group by 23.5% in the 3rd quarter. Quantinno Capital Management LP now owns 546,173 shares of the bank’s stock worth $6,898,000 after buying an additional 103,810 shares in the last quarter. 3.85% of the stock is currently owned by institutional investors.

Insider Transactions at Sumitomo Mitsui Financial Group

In related news, Director Mitsui Financial Grou Sumitomo purchased 9,247,081 shares of Sumitomo Mitsui Financial Group stock in a transaction that occurred on Thursday, September 19th. The shares were acquired at an average price of $59.67 per share, for a total transaction of $551,773,323.27. Following the transaction, the director now directly owns 9,247,081 shares in the company, valued at approximately $551,773,323.27. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.05% of the company’s stock.

Sumitomo Mitsui Financial Group Stock Down 2.0 %

SMFG opened at $14.37 on Wednesday. Sumitomo Mitsui Financial Group, Inc. has a twelve month low of $9.16 and a twelve month high of $15.56. The firm has a market cap of $93.99 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 3.37 and a beta of 0.63. The firm’s 50-day simple moving average is $13.78 and its 200-day simple moving average is $13.35. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.05 and a current ratio of 1.06.

Wall Street Analysts Forecast Growth

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

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.