Moody National Bank Trust Division Acquires Shares of 246,550 Mitsubishi UFJ Financial Group Inc (MUFG)

Moody National Bank Trust Division acquired a new stake in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 246,550 shares of the company’s stock, valued at approximately $1,526,000.

A number of other large investors also recently modified their holdings of the stock. Aperio Group LLC bought a new position in Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $29,483,000. Royal Bank of Canada bought a new position in shares of Mitsubishi UFJ Financial Group during the first quarter valued at $11,553,000. Fisher Asset Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 3.5% during the third quarter. Fisher Asset Management LLC now owns 1,038,583 shares of the company’s stock valued at $6,429,000 after acquiring an additional 35,491 shares during the last quarter. Millennium Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the first quarter valued at $5,959,000. Finally, Massachusetts Financial Services Co. MA bought a new position in shares of Mitsubishi UFJ Financial Group during the third quarter valued at $3,554,000. 1.08% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently issued reports on the stock. Daiwa Capital Markets raised shares of Mitsubishi UFJ Financial Group from a “neutral” rating to an “outperform” rating in a research note on Monday, September 3rd. Keefe, Bruyette & Woods raised shares of Mitsubishi UFJ Financial Group from a “market perform” rating to an “outperform” rating in a research note on Monday, July 9th.

MUFG stock opened at $6.00 on Friday. The firm has a market cap of $79.74 billion, a PE ratio of 7.89, a price-to-earnings-growth ratio of 2.07 and a beta of 1.56. Mitsubishi UFJ Financial Group Inc has a 52-week low of $5.49 and a 52-week high of $8.11. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.82.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Thursday, August 2nd. The company reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $15.05 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 16.35% and a return on equity of 6.56%. On average, research analysts predict that Mitsubishi UFJ Financial Group Inc will post 0.67 EPS for the current year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

Further Reading: The Role of a Fiduciary and Individual Investors

Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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