Mitsubishi UFJ Financial Group, Inc. $MUFG Stock Position Raised by Vise Technologies Inc.

Vise Technologies Inc. lifted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 17.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 441,400 shares of the company’s stock after purchasing an additional 65,559 shares during the period. Vise Technologies Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $10,183,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the business. Dorsey Wright & Associates grew its stake in shares of Mitsubishi UFJ Financial Group by 39.3% in the first quarter. Dorsey Wright & Associates now owns 223,030 shares of the company’s stock worth $3,785,000 after purchasing an additional 62,918 shares during the last quarter. Quantinno Capital Management LP increased its holdings in Mitsubishi UFJ Financial Group by 21.4% in the first quarter. Quantinno Capital Management LP now owns 2,399,601 shares of the company’s stock valued at $40,721,000 after purchasing an additional 423,058 shares during the period. First Trust Advisors LP increased its holdings in Mitsubishi UFJ Financial Group by 52.5% in the first quarter. First Trust Advisors LP now owns 476,447 shares of the company’s stock valued at $8,085,000 after purchasing an additional 164,083 shares during the period. TD Waterhouse Canada Inc. increased its holdings in Mitsubishi UFJ Financial Group by 18.3% in the third quarter. TD Waterhouse Canada Inc. now owns 1,097,840 shares of the company’s stock valued at $24,827,000 after purchasing an additional 169,723 shares during the period. Finally, Cetera Investment Advisers raised its position in Mitsubishi UFJ Financial Group by 13.7% during the 1st quarter. Cetera Investment Advisers now owns 437,318 shares of the company’s stock worth $7,421,000 after purchasing an additional 52,535 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on MUFG shares. Weiss Ratings upgraded Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. Zacks Research upgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Two equities research analysts have rated the stock with a Strong Buy rating and three have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Trading Down 0.0%

NYSE:MUFG opened at $21.55 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $14.88 and a 12 month high of $24.26. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $255.81 billion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.80 and a beta of 0.44. The firm has a fifty day simple moving average of $22.64 and a two-hundred day simple moving average of $20.15.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Tuesday, August 4th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.35 by $0.10. Mitsubishi UFJ Financial Group had a return on equity of 12.30% and a net margin of 17.63%. The company had revenue of $15.11 billion during the quarter, compared to the consensus estimate of $10.06 billion. Analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 1.59 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (NYSE: MUFG) is a Japanese financial services holding company headquartered in Tokyo. Established in 2005 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings, the group is one of Japan’s largest banking organizations and serves corporate, institutional, government and individual customers.

Through its principal subsidiaries, including MUFG Bank, Mitsubishi UFJ Trust and Banking Corporation and Mitsubishi UFJ Securities Holdings, the company provides commercial and investment banking, trust banking, securities underwriting and brokerage, asset management, credit cards, consumer finance and leasing services.