Advisor Partners LLC Increases Stock Holdings in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG)

Advisor Partners LLC raised its stake in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) by 61.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 119,831 shares of the company’s stock after purchasing an additional 45,531 shares during the period. Advisor Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $609,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Lourd Capital LLC purchased a new position in Mitsubishi UFJ Financial Group in the second quarter valued at approximately $56,000. AE Wealth Management LLC purchased a new position in Mitsubishi UFJ Financial Group in the second quarter valued at approximately $58,000. Creative Planning purchased a new position in Mitsubishi UFJ Financial Group in the second quarter valued at approximately $59,000. Parallel Advisors LLC increased its stake in Mitsubishi UFJ Financial Group by 82.6% in the second quarter. Parallel Advisors LLC now owns 13,534 shares of the company’s stock valued at $64,000 after purchasing an additional 6,121 shares during the last quarter. Finally, Baldwin Brothers Inc. MA purchased a new position in Mitsubishi UFJ Financial Group in the third quarter valued at approximately $69,000. Institutional investors own 1.11% of the company’s stock.

Several research firms have recently weighed in on MUFG. ValuEngine raised Mitsubishi UFJ Financial Group from a “strong sell” rating to a “sell” rating in a report on Thursday, August 1st. TheStreet downgraded Mitsubishi UFJ Financial Group from a “c” rating to a “d” rating in a report on Thursday, August 8th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. Mitsubishi UFJ Financial Group presently has an average rating of “Hold”.

MUFG stock opened at $5.04 on Friday. The company has a market capitalization of $65.39 billion, a P/E ratio of 6.81, a PEG ratio of 1.31 and a beta of 1.38. Mitsubishi UFJ Financial Group Inc has a twelve month low of $4.49 and a twelve month high of $6.15. The business has a 50 day simple moving average of $5.05 and a 200-day simple moving average of $4.86. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.07.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share for the quarter. The business had revenue of $16.41 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.46% and a net margin of 13.82%. Research analysts predict that Mitsubishi UFJ Financial Group Inc will post 0.64 EPS for the current fiscal year.

Mitsubishi UFJ Financial Group 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.

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

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