SVB Wealth LLC acquired a new position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 23,827 shares of the company's stock, valued at approximately $279,000.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Whipplewood Advisors LLC bought a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at $29,000. Venturi Wealth Management LLC boosted its holdings in Mitsubishi UFJ Financial Group by 72.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company's stock valued at $54,000 after purchasing an additional 2,229 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Mitsubishi UFJ Financial Group in the 3rd quarter valued at $55,000. Sierra Ocean LLC bought a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at $62,000. Finally, Versant Capital Management Inc bought a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at $71,000. 13.59% of the stock is owned by institutional investors.
Mitsubishi UFJ Financial Group Price Performance
Shares of Mitsubishi UFJ Financial Group stock traded up $0.05 on Friday, hitting $13.02. 3,881,008 shares of the company traded hands, compared to its average volume of 2,383,148. The firm's 50-day simple moving average is $12.44 and its 200 day simple moving average is $11.48. 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 cap of $157.07 billion, a P/E ratio of 11.94, a P/E/G ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $13.34.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its quarterly earnings data 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 net margin of 14.19% and a return on equity of 9.27%. Analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Wednesday.
Read Our Latest Report on MUFG
Mitsubishi UFJ Financial Group Company Profile
(
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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