Callan Capital LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 18.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 69,841 shares of the company’s stock after buying an additional 10,907 shares during the quarter. Callan Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $819,000 as of its most recent filing with the SEC.
Several other hedge funds have also modified their holdings of MUFG. Venturi Wealth Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after purchasing an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $55,000. Sierra Ocean LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $62,000. Versant Capital Management Inc purchased a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $71,000. Finally, Golden State Wealth Management LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $111,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded 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 has a market capitalization of $152.84 billion, a PE ratio of 11.62, a P/E/G ratio of 1.16 and a beta of 0.61. The stock’s 50 day moving average is $12.19 and its two-hundred day moving average is $11.27. 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, Inc. has a 52-week low of $8.75 and a 52-week high of $13.34.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
Mitsubishi UFJ Financial Group 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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