Sanctuary Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 6.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 298,486 shares of the company’s stock after purchasing an additional 17,818 shares during the period. Sanctuary Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $3,806,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Fisher Asset Management LLC lifted its holdings in Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after buying an additional 1,067,409 shares during the period. Artemis Investment Management LLP acquired a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at $10,880,000. BNP Paribas Financial Markets lifted its holdings in Mitsubishi UFJ Financial Group by 140.9% in the third quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company’s stock valued at $5,240,000 after buying an additional 301,065 shares during the period. Chevy Chase Trust Holdings LLC lifted its holdings in Mitsubishi UFJ Financial Group by 4.2% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company’s stock valued at $69,737,000 after buying an additional 241,685 shares during the period. Finally, Quantinno Capital Management LP lifted its holdings in Mitsubishi UFJ Financial Group by 31.6% in the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock valued at $8,119,000 after buying an additional 191,368 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.
Mitsubishi UFJ Financial Group Price Performance
MUFG stock opened at $12.67 on Friday. The company’s fifty day simple moving average is $12.19 and its 200 day simple moving average is $11.27. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $13.34. The firm has a market cap of $152.84 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 1.17 and a beta of 0.61. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last announced 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%. On average, analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.
Mitsubishi UFJ Financial Group Company Profile
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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