Signaturefd LLC raised its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 4.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 265,563 shares of the company’s stock after acquiring an additional 12,154 shares during the quarter. Signaturefd LLC’s holdings in Mitsubishi UFJ Financial Group were worth $3,112,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC purchased a new stake in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter valued at $55,000. Steward Partners Investment Advisory LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 33.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after purchasing an additional 1,279 shares in the last quarter. Sierra Ocean LLC purchased a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $62,000. Finally, Versant Capital Management Inc purchased a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $71,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 5th.
Mitsubishi UFJ Financial Group Stock Up 1.4 %
MUFG stock opened at $13.86 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $14.21. The stock has a market capitalization of $167.20 billion, a PE ratio of 12.71, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The firm has a 50 day moving average of $12.62 and a 200 day moving average of $11.61.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.
Mitsubishi UFJ Financial Group Company Profile
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.
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