EverSource Wealth Advisors LLC Buys 24,138 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

EverSource Wealth Advisors LLC grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 318.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 31,728 shares of the company's stock after buying an additional 24,138 shares during the period. EverSource Wealth Advisors LLC's holdings in Mitsubishi UFJ Financial Group were worth $372,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. HighTower Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 1.2% in the 4th quarter. HighTower Advisors LLC now owns 445,574 shares of the company's stock worth $5,222,000 after purchasing an additional 5,257 shares in the last quarter. Personal CFO Solutions LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 2.7% in the 4th quarter. Personal CFO Solutions LLC now owns 48,670 shares of the company's stock worth $570,000 after purchasing an additional 1,288 shares in the last quarter. Dorsey & Whitney Trust CO LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 5.0% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 64,457 shares of the company's stock worth $755,000 after purchasing an additional 3,052 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 1.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 305,406 shares of the company's stock worth $3,579,000 after purchasing an additional 3,918 shares in the last quarter. Finally, Callan Family Office LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth $1,431,000. 13.59% of the stock is currently owned by institutional investors.

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Mitsubishi UFJ Financial Group Stock Up 0.2 %

NYSE MUFG traded up $0.03 on Wednesday, reaching $14.31. The company had a trading volume of 18,264,730 shares, compared to its average volume of 2,741,328. The stock has a market capitalization of $172.63 billion, a P/E ratio of 13.12, a P/E/G ratio of 1.16 and a beta of 0.60. The company's fifty day moving average is $12.66 and its 200 day moving average is $11.63. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $14.43. 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 (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised 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.