Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lifted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 100.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 69,687 shares of the company’s stock after purchasing an additional 34,992 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $950,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Northern Trust Corp boosted its position in shares of Mitsubishi UFJ Financial Group by 46.6% in the 4th quarter. Northern Trust Corp now owns 10,522,079 shares of the company’s stock valued at $123,319,000 after purchasing an additional 3,342,330 shares during the period. Chevy Chase Trust Holdings LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 4.2% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 6,197,764 shares of the company’s stock valued at $84,476,000 after purchasing an additional 247,508 shares during the period. Royal Bank of Canada boosted its position in shares of Mitsubishi UFJ Financial Group by 40.4% in the 4th quarter. Royal Bank of Canada now owns 6,021,271 shares of the company’s stock valued at $70,570,000 after purchasing an additional 1,731,873 shares during the period. Envestnet Asset Management Inc. lifted its position in Mitsubishi UFJ Financial Group by 0.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,820,099 shares of the company’s stock worth $65,698,000 after acquiring an additional 13,167 shares during the period. Finally, Sei Investments Co. lifted its position in Mitsubishi UFJ Financial Group by 1.6% during the 4th quarter. Sei Investments Co. now owns 4,092,847 shares of the company’s stock worth $47,968,000 after acquiring an additional 64,808 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Down 0.9%

Mitsubishi UFJ Financial Group stock opened at $13.35 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03. The stock has a 50 day moving average of $13.59 and a two-hundred day moving average of $12.91. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 2.57. The stock has a market capitalization of $161.04 billion, a price-to-earnings ratio of 12.71, a PEG ratio of 0.89 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a return on equity of 9.45% and a net margin of 13.70%. The company had revenue of $22.91 billion during the quarter, compared to analysts’ expectations of $6.47 billion. As a group, research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th.

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.