Sumitomo Mitsui Trust (OTCMKTS:SUTNY) Announces Earnings Results

Sumitomo Mitsui Trust (OTCMKTS:SUTNYGet Free Report) issued its quarterly earnings data on Friday. The company reported $0.11 earnings per share (EPS) for the quarter, Zacks reports.

Sumitomo Mitsui Trust Price Performance

SUTNY traded up $0.09 during trading on Friday, reaching $7.14. 99,314 shares of the company were exchanged, compared to its average volume of 180,311. Sumitomo Mitsui Trust has a 52 week low of $5.03 and a 52 week high of $7.78. The firm has a 50 day moving average of $6.63 and a 200 day moving average of $6.41.

Analysts Set New Price Targets

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, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

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About Sumitomo Mitsui Trust

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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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