Smartleaf Asset Management LLC Acquires 30,656 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Smartleaf Asset Management LLC grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 115.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 57,204 shares of the company’s stock after acquiring an additional 30,656 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $672,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at about $29,000. Sierra Ocean LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at about $62,000. Venturi Wealth Management LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after acquiring an additional 2,229 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter valued at about $55,000. Finally, Versant Capital Management Inc bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at about $71,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 0.9 %

MUFG opened at $12.84 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $13.34. The company has a 50-day simple moving average of $12.34 and a 200 day simple moving average of $11.42. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $154.95 billion, a price-to-earnings ratio of 11.78, a P/E/G ratio of 1.16 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Tuesday, February 25th.

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.