Renaissance Technologies LLC Has $2.51 Million Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Renaissance Technologies LLC increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 38.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 231,900 shares of the company's stock after purchasing an additional 63,900 shares during the quarter. Renaissance Technologies LLC's holdings in Mitsubishi UFJ Financial Group were worth $2,505,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in MUFG. Stifel Financial Corp grew its stake in shares of Mitsubishi UFJ Financial Group by 4.3% in the fourth quarter. Stifel Financial Corp now owns 2,012,848 shares of the company's stock valued at $17,331,000 after buying an additional 82,732 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Mitsubishi UFJ Financial Group by 1.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,508,806 shares of the company's stock valued at $99,091,000 after purchasing an additional 115,364 shares during the last quarter. Crossmark Global Holdings Inc. boosted its position in Mitsubishi UFJ Financial Group by 2.1% during the fourth quarter. Crossmark Global Holdings Inc. now owns 740,247 shares of the company's stock worth $6,374,000 after purchasing an additional 15,202 shares during the period. Angeles Investment Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 3.7% in the fourth quarter. Angeles Investment Advisors LLC now owns 36,072 shares of the company's stock valued at $311,000 after purchasing an additional 1,272 shares during the last quarter. Finally, AdvisorShares Investments LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at about $846,000. Institutional investors own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Stock Up 0.2 %

Shares of MUFG opened at $10.21 on Wednesday. The firm has a market cap of $119.67 billion, a P/E ratio of 11.73, a price-to-earnings-growth ratio of 0.94 and a beta of 0.60. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $7.89 and a 52 week high of $11.72. The firm's 50-day simple moving average is $10.35 and its 200 day simple moving average is $10.35.

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