Blue Trust Inc. Raises Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Blue Trust Inc. raised its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 98.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 125,734 shares of the company’s stock after purchasing an additional 62,449 shares during the period. Blue Trust Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,358,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in MUFG. Norden Group LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth about $2,219,000. Diversify Advisory Services LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the first quarter valued at approximately $941,000. Capital Wealth Planning LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 25.7% in the first quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock valued at $4,648,000 after acquiring an additional 92,848 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 23.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company’s stock valued at $6,780,000 after acquiring an additional 125,467 shares in the last quarter. Finally, Federated Hermes Inc. boosted its stake in shares of Mitsubishi UFJ Financial Group by 17.7% in the second quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock worth $10,537,000 after acquiring an additional 146,904 shares during the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Up 1.4 %

NYSE MUFG opened at $10.99 on Friday. The business has a fifty day moving average price of $10.36 and a 200 day moving average price of $10.37. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market cap of $128.87 billion, a P/E ratio of 12.63, a P/E/G ratio of 0.95 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a one year low of $7.89 and a one year high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Thursday, August 1st. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. Research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.95 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.