Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 8,010.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 466,601 shares of the company’s stock after purchasing an additional 460,848 shares during the quarter. Federated Hermes Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $4,017,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in MUFG. Boston Common Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 3,036.1% during the fourth quarter. Boston Common Asset Management LLC now owns 402,579 shares of the company’s stock valued at $3,466,000 after acquiring an additional 389,742 shares during the period. Augustine Asset Management Inc. increased its position in Mitsubishi UFJ Financial Group by 310.1% during the 4th quarter. Augustine Asset Management Inc. now owns 236,727 shares of the company’s stock worth $2,038,000 after purchasing an additional 178,998 shares in the last quarter. Ritholtz Wealth Management raised its holdings in Mitsubishi UFJ Financial Group by 10.9% in the fourth quarter. Ritholtz Wealth Management now owns 129,014 shares of the company’s stock valued at $1,111,000 after buying an additional 12,702 shares during the period. FMR LLC lifted its position in Mitsubishi UFJ Financial Group by 4.4% during the third quarter. FMR LLC now owns 4,477,626 shares of the company’s stock valued at $38,015,000 after buying an additional 188,668 shares in the last quarter. Finally, Natixis Advisors L.P. grew its stake in Mitsubishi UFJ Financial Group by 7.5% during the third quarter. Natixis Advisors L.P. now owns 11,060,016 shares of the company’s stock worth $93,900,000 after buying an additional 773,830 shares during the period. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Down 1.5 %

Shares of MUFG stock opened at $9.91 on Friday. The company has a market cap of $122.21 billion, a PE ratio of 7.99, a P/E/G ratio of 0.92 and a beta of 0.61. The company’s fifty day simple moving average is $10.19 and its 200-day simple moving average is $9.21. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $5.99 and a 52 week high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $19.25 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. Equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current fiscal year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.