Diversify Wealth Management LLC Has $1.60 Million Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Diversify Wealth Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 11.7% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,640 shares of the company’s stock after purchasing an additional 13,155 shares during the period. Diversify Wealth Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,597,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 1st quarter valued at $143,000. Allspring Global Investments Holdings LLC increased its holdings in Mitsubishi UFJ Financial Group by 5.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 88,180 shares of the company’s stock valued at $1,163,000 after purchasing an additional 4,664 shares in the last quarter. Sowell Financial Services LLC bought a new position in Mitsubishi UFJ Financial Group in the 1st quarter valued at $183,000. Rockefeller Capital Management L.P. boosted its position in Mitsubishi UFJ Financial Group by 182.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 152,526 shares of the company’s stock valued at $1,787,000 after buying an additional 98,562 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Mitsubishi UFJ Financial Group by 1.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 119,616 shares of the company’s stock valued at $1,630,000 after buying an additional 1,497 shares during the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $13.67 on Friday. The firm has a market capitalization of $164.97 billion, a price-to-earnings ratio of 13.02, a PEG ratio of 0.92 and a beta of 0.39. The business’s fifty day moving average price is $13.52 and its two-hundred day moving average price is $12.87. 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) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.10. The firm had revenue of $22.91 billion for the quarter, compared to analyst estimates of $6.47 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.18% and a net margin of 13.70%. As a group, research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th.

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.