Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Acquired by Clarius Group LLC

Clarius Group LLC grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 32.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 31,099 shares of the company’s stock after purchasing an additional 7,672 shares during the period. Clarius Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $427,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at about $36,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of Mitsubishi UFJ Financial Group by 104.7% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 20,606 shares of the company’s stock valued at $283,000 after buying an additional 10,540 shares during the period. Hilltop National Bank acquired a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at about $209,000. Signaturefd LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 1.8% in the 2nd quarter. Signaturefd LLC now owns 277,233 shares of the company’s stock valued at $3,804,000 after buying an additional 5,006 shares during the period. Finally, Augustine Asset Management Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 0.8% in the 2nd quarter. Augustine Asset Management Inc. now owns 354,840 shares of the company’s stock valued at $4,868,000 after buying an additional 2,962 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on MUFG shares. Wall Street Zen raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Zacks Research raised Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Price Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $15.55 on Tuesday. The business has a 50 day simple moving average of $15.26 and a two-hundred day simple moving average of $13.90. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $9.87 and a 12 month high of $16.24. The stock has a market capitalization of $187.65 billion, a P/E ratio of 14.40, a PEG ratio of 1.15 and a beta of 0.38. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.89 and a quick ratio of 0.89.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Monday, August 4th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 9.35% and a net margin of 13.95%.The business had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $9.86 billion. As a group, analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.