Norden Group LLC Buys Shares of 216,865 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Norden Group LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 216,865 shares of the company's stock, valued at approximately $2,219,000.

A number of other large investors have also recently modified their holdings of the company. Fisher Asset Management LLC purchased a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth $57,968,000. Chevy Chase Trust Holdings LLC purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at about $6,937,000. Natixis Advisors L.P. raised its holdings in Mitsubishi UFJ Financial Group by 6.6% in the fourth quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company's stock worth $101,493,000 after purchasing an additional 727,837 shares in the last quarter. Brandes Investment Partners LP raised its holdings in Mitsubishi UFJ Financial Group by 42.8% in the fourth quarter. Brandes Investment Partners LP now owns 2,410,931 shares of the company's stock worth $20,758,000 after purchasing an additional 722,644 shares in the last quarter. Finally, Moran Wealth Management LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at about $5,070,000. Hedge funds and other institutional investors own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Stock Up 1.2 %

Shares of Mitsubishi UFJ Financial Group stock traded up $0.13 on Friday, reaching $11.29. The stock had a trading volume of 1,156,811 shares, compared to its average volume of 2,704,287. The stock has a market capitalization of $132.39 billion, a P/E ratio of 12.95, a P/E/G ratio of 1.07 and a beta of 0.61. The company has a 50 day moving average price of $10.27 and a 200 day moving average price of $9.83. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $7.32 and a 1 year high of $11.34.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. The business had revenue of $22.78 billion for the quarter. On average, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.