Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Thursday,Zacks.com reports.
Sumitomo Mitsui Trust Stock Up 1.4%
SUTNY stock opened at $7.44 on Thursday. Sumitomo Mitsui Trust has a 1 year low of $5.03 and a 1 year high of $7.78. The stock’s 50 day moving average price is $6.96 and its 200 day moving average price is $6.63.
Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) last announced its earnings results on Thursday, June 11th. The company reported $999.00 earnings per share (EPS) for the quarter. The firm had revenue of $4.88 billion for the quarter.
About Sumitomo Mitsui Trust
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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