Sumitomo Corporation Sponsored ADR (SSUMY)
Sumitomo: Eyes On Full Subsidiary Ownership And Portfolio Restructuring
I continue to assign a "Buy" rating to Sumitomo Corporation after evaluating its latest corporate developments. Making SCSK a fully owned subsidiary should boost its future growth prospects and financial returns. It is actively reshaping its portfolio by divesting underperforming assets; a recent example is the sale of its fresh produce subsidiary Fyffes' melon segment.
Is Sumitomo (SSUMY) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Sumitomo Mitsui Trust Group Inc. Purchases New Holdings in Carpenter Technology Corporation $CRS
Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of Carpenter Technology Corporation (NYSE: CRS) during the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 825 shares of the basic materials company's stock, valued at approximately $228,000.
Sumitomo Mitsui Trust Group Inc. Sells 14,017 Shares of BILL Holdings, Inc. $BILL
Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of BILL Holdings, Inc. (NYSE: BILL) by 5.3% in the undefined quarter, according to its most recent disclosure with the SEC. The firm owned 252,748 shares of the company's stock after selling 14,017 shares during the period. Sumitomo Mitsui Trust Group Inc. owned
Sumitomo Mitsui Trust Group Inc. Trims Position in Vipshop Holdings Limited $VIPS
Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of Vipshop Holdings Limited (NYSE: VIPS) by 11.4% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 731,834 shares of the technology company's stock after selling 93,717 shares during the
Sumitomo Mitsui Trust Group Inc. Boosts Stock Holdings in Vanguard Real Estate ETF $VNQ
Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 169,449 shares of the exchange traded fund's stock after buying an additional 18,379
Sumitomo Mitsui Trust Group Inc. Lowers Position in iShares J.P. Morgan USD Emerging Markets Bond ETF $EMB
Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ: EMB) by 37.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 170,783 shares of the exchange traded fund's stock after selling 100,133
Sumitomo Mitsui Trust Group Inc. Trims Holdings in H World Group Limited Sponsored ADR $HTHT
Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of H World Group Limited Sponsored ADR (NASDAQ: HTHT) by 4.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 464,928 shares of the company's stock after selling 20,597
Sumitomo Mitsui Trust Group Inc. Acquires 33,269 Shares of Coupang, Inc. $CPNG
Sumitomo Mitsui Trust Group Inc. increased its holdings in Coupang, Inc. (NYSE: CPNG) by 9.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 373,755 shares of the company's stock after purchasing an additional 33,269 shares during the period. Sumitomo
Sumitomo Mitsui Trust Group Inc. Sells 25,013 Shares of TechnipFMC plc $FTI
Sumitomo Mitsui Trust Group Inc. cut its stake in TechnipFMC plc (NYSE: FTI) by 6.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 385,025 shares of the oil and gas company's stock after selling 25,013 shares during the quarter. Sumitomo Mitsui
Sumitomo Mitsui Trust Group Inc. Buys 44,395 Shares of Main Street Capital Corporation $MAIN
Sumitomo Mitsui Trust Group Inc. boosted its stake in Main Street Capital Corporation (NYSE: MAIN) by 18.3% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 287,252 shares of the financial services provider's stock after purchasing an additional
Molson Coors Beverage Company $TAP Holdings Raised by Sumitomo Mitsui Trust Group Inc.
Sumitomo Mitsui Trust Group Inc. boosted its stake in Molson Coors Beverage Company (NYSE: TAP) by 7.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 379,153 shares of the company's stock after buying an additional 26,810 shares during
