Sei Investments Co. lifted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 1.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,092,847 shares of the company's stock after buying an additional 64,808 shares during the quarter. Sei Investments Co.'s holdings in Mitsubishi UFJ Financial Group were worth $47,968,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC purchased a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at about $29,000. Steward Partners Investment Advisory LLC increased its position in Mitsubishi UFJ Financial Group by 33.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock worth $59,000 after buying an additional 1,279 shares in the last quarter. Sierra Ocean LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth $62,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Mitsubishi UFJ Financial Group in the third quarter worth $55,000. Finally, Versant Capital Management Inc purchased a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at $71,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research report on Monday.
View Our Latest Research Report on MUFG
Mitsubishi UFJ Financial Group Trading Up 0.5 %
Shares of NYSE MUFG traded up $0.08 during midday trading on Thursday, reaching $14.45. 7,610,306 shares of the stock were exchanged, compared to its average volume of 3,076,543. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $174.32 billion, a P/E ratio of 13.25, a P/E/G ratio of 1.16 and a beta of 0.60. The stock has a 50 day moving average price of $12.97 and a 200-day moving average price of $11.80. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate 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%. Equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
About Mitsubishi UFJ Financial Group
(
Free Report)
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.
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