Cwm LLC Boosts Stock Position in Mitsubishi UFJ Financial Group, Inc. $MUFG

Cwm LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 871.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,024 shares of the company’s stock after acquiring an additional 30,520 shares during the quarter. Cwm LLC’s holdings in Mitsubishi UFJ Financial Group were worth $540,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Westside Investment Management Inc. lifted its position in shares of Mitsubishi UFJ Financial Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,846 shares of the company’s stock worth $29,000 after purchasing an additional 923 shares in the last quarter. JPL Wealth Management LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $34,000. Redmont Wealth Advisors LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $35,000. Sound Income Strategies LLC lifted its holdings in Mitsubishi UFJ Financial Group by 716.4% during the 4th quarter. Sound Income Strategies LLC now owns 2,482 shares of the company’s stock worth $39,000 after buying an additional 2,178 shares in the last quarter. Finally, True Wealth Design LLC purchased a new position in Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $49,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on MUFG. UBS Group raised Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research report on Thursday, January 22nd. Weiss Ratings raised Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Stock Up 3.1%

Shares of Mitsubishi UFJ Financial Group stock opened at $17.99 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $12.10 and a 52-week high of $20.15. The company has a market capitalization of $213.44 billion, a P/E ratio of 15.78, a P/E/G ratio of 0.76 and a beta of 0.38. The company has a 50 day moving average of $17.55 and a 200 day moving average of $16.88.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. Mitsubishi UFJ Financial Group had a net margin of 13.87% and a return on equity of 9.58%. As a group, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.23 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.