May Hill Capital LLC Has $271,000 Stock Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

May Hill Capital LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 75.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 19,757 shares of the company’s stock after purchasing an additional 8,499 shares during the quarter. May Hill Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $271,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MUFG. Opal Wealth Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the 2nd quarter worth $31,000. Caitong International Asset Management Co. Ltd acquired a new position in Mitsubishi UFJ Financial Group during the 1st quarter worth $32,000. Ameritas Advisory Services LLC acquired a new position in Mitsubishi UFJ Financial Group during the 2nd quarter worth $36,000. Nisa Investment Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the 1st quarter worth $41,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Mitsubishi UFJ Financial Group by 245.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock worth $65,000 after buying an additional 3,403 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Zacks Research raised Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 26th. Wall Street Zen raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Price Performance

MUFG stock opened at $14.92 on Tuesday. The stock has a 50-day moving average price of $15.42 and a two-hundred day moving average price of $14.14. The stock has a market cap of $179.99 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 1.08 and a beta of 0.38. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.86. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $10.24 and a 1 year high of $16.24.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Monday, August 4th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. The firm had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $9.86 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.35% and a net margin of 13.95%. Equities analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal 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.