Brandes Investment Partners LP Has $14.15 Million Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Brandes Investment Partners LP decreased its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 27.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,339,322 shares of the company's stock after selling 501,406 shares during the quarter. Brandes Investment Partners LP's holdings in Mitsubishi UFJ Financial Group were worth $14,150,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Rise Advisors LLC bought a new position in Mitsubishi UFJ Financial Group in the 1st quarter valued at about $27,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Mitsubishi UFJ Financial Group in the first quarter valued at approximately $39,000. Addison Advisors LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 123.4% during the second quarter. Addison Advisors LLC now owns 4,609 shares of the company's stock valued at $50,000 after acquiring an additional 2,546 shares during the period. Family Firm Inc. bought a new stake in Mitsubishi UFJ Financial Group during the second quarter worth approximately $53,000. Finally, EverSource Wealth Advisors LLC lifted its position in Mitsubishi UFJ Financial Group by 60.9% in the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company's stock worth $58,000 after purchasing an additional 2,222 shares during the period. Institutional investors own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Price Performance

MUFG stock traded up $0.04 during trading hours on Monday, hitting $10.18. 1,794,096 shares of the stock traded hands, compared to its average volume of 2,588,143. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25. The stock has a 50-day simple moving average of $10.39 and a 200 day simple moving average of $10.35. Mitsubishi UFJ Financial Group, Inc. has a one year low of $7.89 and a one year high of $11.72. The company has a market cap of $119.31 billion, a P/E ratio of 11.64, a P/E/G ratio of 0.94 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. The business had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. Equities analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.98 earnings per share for the current 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.