American Century Companies Inc. Has $18 Million Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

American Century Companies Inc. raised its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 6.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,666,310 shares of the company's stock after purchasing an additional 96,645 shares during the quarter. American Century Companies Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $17,996,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Rise Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the 1st quarter worth approximately $27,000. EverSource Wealth Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 133.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company's stock worth $31,000 after buying an additional 2,082 shares in the last quarter. Principal Securities Inc. bought a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter valued at $39,000. Finally, Addison Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 123.4% during the 2nd quarter. Addison Advisors LLC now owns 4,609 shares of the company's stock worth $50,000 after acquiring an additional 2,546 shares during the last quarter. Institutional investors own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Trading Up 1.1 %

Mitsubishi UFJ Financial Group stock traded up $0.11 during trading hours on Friday, hitting $10.44. The stock had a trading volume of 2,723,812 shares, compared to its average volume of 2,624,267. The business's 50 day simple moving average is $10.49 and its 200-day simple moving average is $10.37. Mitsubishi UFJ Financial Group, Inc. has a one year low of $7.89 and a one year high of $11.72. The stock has a market cap of $122.42 billion, a price-to-earnings ratio of 12.00, a P/E/G ratio of 0.88 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. The business had revenue of $22.61 billion during the quarter. On average, equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.