Themes Management Co LLC Makes New Investment in Mitsubishi UFJ Financial Group, Inc. $MUFG

Themes Management Co LLC acquired a new position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 59,901 shares of the company’s stock, valued at approximately $950,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fisher Asset Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 2.0% in the 4th quarter. Fisher Asset Management LLC now owns 93,276,119 shares of the company’s stock valued at $1,479,359,000 after buying an additional 1,789,620 shares during the period. Natixis Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 14.9% in the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company’s stock valued at $211,061,000 after buying an additional 1,718,759 shares during the period. Northern Trust Corp increased its holdings in Mitsubishi UFJ Financial Group by 1.9% in the 3rd quarter. Northern Trust Corp now owns 11,397,833 shares of the company’s stock valued at $181,681,000 after buying an additional 211,265 shares during the period. Chevy Chase Trust Holdings LLC increased its holdings in Mitsubishi UFJ Financial Group by 1.0% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 6,222,247 shares of the company’s stock valued at $99,183,000 after buying an additional 59,242 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Mitsubishi UFJ Financial Group by 1.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,941,830 shares of the company’s stock valued at $78,773,000 after buying an additional 93,051 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Trading Up 0.0%

Shares of Mitsubishi UFJ Financial Group stock opened at $19.40 on Tuesday. The firm has a market capitalization of $230.28 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 0.79 and a beta of 0.40. The firm’s 50 day moving average is $17.80 and its 200 day moving average is $17.29. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $13.19 and a 1 year high of $20.15.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Thursday, May 21st. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.13. The company had revenue of $15.36 billion for the quarter, compared to analyst estimates of $9.34 billion. Mitsubishi UFJ Financial Group had a net margin of 16.65% and a return on equity of 11.07%. As a group, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.42 earnings per share for the current year.

Mitsubishi UFJ Financial Group 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.