Sumitomo Mitsui Financial Group Inc Stock News

Summit State Bank (NASDAQ:SSBI) and Sumitomo Mitsui Financial Group (NYSE:SMFG) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, earnings, profitability, analyst recommendations and valuation. Profitability This table compares Summit State Bank and Sumitomo Mitsui Financial Groups net []

Ellevest Inc. cut its holdings in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 75.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,159 shares of the banks stock after selling 30,545 shares during the quarter. Ellevest Inc.s []

Sumitomo Mitsui DS Asset Management Company Ltd cut its holdings in Trip.com Group Limited (NASDAQ:TCOM) by 96.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,901 shares of the companys stock after selling 188,751 shares during the period. Sumitomo Mitsui []

Sumitomo Mitsui DS Asset Management Company Ltd decreased its stake in Discovery, Inc. (NASDAQ:DISCA) by 8.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,764 shares of the companys stock after selling 841 shares during the quarter. Sumitomo Mitsui []

Sumitomo Mitsui DS Asset Management Company Ltd lessened its holdings in Robert Half International Inc. (NYSE:RHI) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,557 shares of the business services providers stock after selling 110 shares during the period. Sumitomo Mitsui []

Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in CyrusOne Inc. (NASDAQ:CONE) by 11.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,211 shares of the real estate investment trusts stock after acquiring an additional 1,543 shares during the quarter. Sumitomo Mitsui []

Fullerton India has become a subsidiary of Sumitomo Mitsu Financial Group (SMFG) by following the completion of a transaction to purchase 74.9 per cent from Fullerton Financial Holdings (FFH). Fullerton Indias management team will continue to operate under the leadership of current Managing Director and Chief Executive Shantanu Mitra, the The post SMFG Completes Acquisition of 74.9% Stake in Fullerton, India appeared first on Equitypandit .

A group of 21 leading financial institutions in Japan, including Dai-ichi Life Group, MUFG Bank, and Sumitomo Mitsui announced the launch of the Japan Impact-driven Financing Initiative, aiming to promote the measurement and management of the changes created through investment and financing activities on social and environmental issues and to support greater impact-focused financing in [] The post Leading Japan Financials Launch Initiative to Advance Impact Financing and Investment Efforts appeared first on ESG Today .

Sumitomo Mitsui DS Asset Management Company Ltd reduced its holdings in Chubb Limited (NYSE:CB) by 1.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,692 shares of the financial services providers stock after selling 293 shares during the quarter. Sumitomo Mitsui []

Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Entegris, Inc. (NASDAQ:ENTG) by 105.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,970 shares of the semiconductor companys stock after purchasing an additional 47,168 shares during the quarter. Sumitomo Mitsui []

Japan is about to take a significant step toward developing a digital currency. Per Reuters , a consortium made up of approximately 70 Japanese firms said this week they plan to launch a yen-based cryptocurrency in 2022. Whats notable about the project, tentatively called DCJPY, is that three of the countrys largest banks will back it. At a news conference on Wednesday, Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group said theyve been meeting since last year to build a shared settlement infrastructure for digital payments. Some of the other members of the consortium include the East Japan Railway Company and Kansai Electric Power Company. They plan to start testing the currency in the coming months. The experiment is separate from the work the Bank of Japan is doing to create a digital yen . CBDCs are something China and the US are exploring as well. For Japan, theres an additional incentive to the push. Its a country that famously loves cash.

Geode Capital Management LLC lowered its stake in Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 4.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,042 shares of the banks stock after selling 5,055 shares during the period. Geode []

Gilman Hill Asset Management LLC raised its position in shares of Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) by 9.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 365,576 shares of the bank’s stock after acquiring an additional 32,060 shares […]

Ventas (NYSE:VTR) was downgraded by equities researchers at Sumitomo Mitsui Financial Group from an outperform rating to a neutral rating in a report issued on Monday, Price Targets.com reports. They currently have a $55.00 price objective on the real estate investment trusts stock. Sumitomo Mitsui Financial Groups price target indicates a potential upside of 7.11% []

Sumitomo Mitsui Banking Corp. provided a $91.4 million loan to Starlight U.S. Residential Fund to buy a luxury rental complex in Las Vegas.