Choreo LLC increased its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 21.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,344 shares of the company’s stock after purchasing an additional 13,393 shares during the quarter. Choreo LLC’s holdings in Mitsubishi UFJ Financial Group were worth $896,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of MUFG. Fisher Asset Management LLC grew its position in shares of Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after purchasing an additional 1,067,409 shares during the period. Artemis Investment Management LLP purchased a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at about $10,880,000. Crossmark Global Holdings Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 0.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock worth $10,245,000 after buying an additional 8,155 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after acquiring an additional 189,887 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in shares of Mitsubishi UFJ Financial Group by 31.6% in the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock valued at $8,119,000 after acquiring an additional 191,368 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.
Mitsubishi UFJ Financial Group Price Performance
Mitsubishi UFJ Financial Group stock opened at $12.53 on Monday. The company has a fifty day simple moving average of $12.06 and a 200-day simple moving average of $11.14. The firm has a market capitalization of $151.15 billion, a price-to-earnings ratio of 11.49, a PEG ratio of 1.13 and a beta of 0.61. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $12.96.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. On average, equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.
Mitsubishi UFJ Financial Group Company 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.
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