Sumitomo Mitsui Trust (OTCMKTS:SUTNY – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $999.00 earnings per share for the quarter, Zacks reports.
Sumitomo Mitsui Trust Price Performance
Sumitomo Mitsui Trust stock traded down $0.02 during mid-day trading on Thursday, reaching $7.34. 847,485 shares of the company were exchanged, compared to its average volume of 182,848. The company has a fifty day simple moving average of $6.92 and a 200-day simple moving average of $6.62. Sumitomo Mitsui Trust has a 12 month low of $5.03 and a 12 month high of $7.78.
Analyst Ratings Changes
Separately, Zacks Research upgraded shares of Sumitomo Mitsui Trust to a “hold” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average 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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