19,515 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Bought by Choate Investment Advisors

Choate Investment Advisors acquired a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 19,515 shares of the company's stock, valued at approximately $229,000.

A number of other institutional investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $55,000. Steward Partners Investment Advisory LLC increased its stake in Mitsubishi UFJ Financial Group by 33.9% during 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 acquired a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $62,000. Finally, Versant Capital Management Inc bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $71,000. Institutional investors and hedge funds own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Stock Up 4.5 %

Shares of Mitsubishi UFJ Financial Group stock traded up $0.64 during trading on Friday, reaching $14.97. The stock had a trading volume of 54,969,496 shares, compared to its average volume of 2,965,787. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $180.68 billion, a price-to-earnings ratio of 13.74, a P/E/G ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.05. The stock has a fifty day moving average price of $12.75 and a two-hundred day moving average price of $11.67.

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Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) 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 predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Wednesday, March 5th.

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.