Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 688.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,217 shares of the company’s stock after buying an additional 49,086 shares during the period. Global Retirement Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $892,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 43.8% during the 1st quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock valued at $4,565,000 after acquiring an additional 101,930 shares during the period. Focus Partners Wealth grew its holdings in shares of Mitsubishi UFJ Financial Group by 14.8% in the 1st quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock worth $218,000 after acquiring an additional 2,058 shares during the period. Geneos Wealth Management Inc. increased its stake in Mitsubishi UFJ Financial Group by 245.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock valued at $65,000 after purchasing an additional 3,403 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Mitsubishi UFJ Financial Group by 104.1% during the first quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock worth $571,000 after purchasing an additional 21,379 shares during the last quarter. Finally, Sivia Capital Partners LLC boosted its position in Mitsubishi UFJ Financial Group by 68.8% during the second quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock worth $483,000 after purchasing an additional 14,347 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

MUFG stock opened at $19.40 on Tuesday. The company’s 50 day simple moving average is $17.80 and its 200-day simple moving average is $17.29. The firm has a market capitalization of $230.28 billion, a PE ratio of 13.76, a P/E/G ratio of 0.79 and a beta of 0.40. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $13.19 and a 12 month high of $20.15.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Thursday, May 21st. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.13. Mitsubishi UFJ Financial Group had a return on equity of 11.07% and a net margin of 16.65%.The firm had revenue of $15.36 billion during the quarter, compared to the consensus estimate of $9.34 billion. As a group, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Mitsubishi UFJ Financial Group has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.