Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $999.00 earnings per share for the quarter, Zacks reports.
Sumitomo Mitsui Trust Stock Down 1.2%
Shares of SUTNY stock traded down $0.09 during midday trading on Thursday, reaching $7.27. 778,126 shares of the company were exchanged, compared to its average volume of 182,848. Sumitomo Mitsui Trust has a 12 month low of $5.03 and a 12 month high of $7.78. The company’s 50 day moving average price is $6.92 and its two-hundred day moving average price is $6.62.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Sumitomo Mitsui Trust to a “hold” rating in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Sumitomo Mitsui Trust presently has a consensus rating of “Hold”.
Sumitomo Mitsui Trust Company Profile
Sumitomo Mitsui Trust Holdings, Inc, known internationally under the ticker OTCMKTS:SUTNY, is Japan’s largest trust banking group, offering a broad array of fiduciary and financial services. Headquartered in Tokyo, the company operates through a network of domestic branches and overseas offices in Asia, Europe and North America to serve institutional investors, corporates and private clients.
The group’s core activities span trust banking, asset management, real estate services and wholesale banking.
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