Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Stock Holdings Lifted by Mission Wealth Management LP

Mission Wealth Management LP raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 18.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,836 shares of the company’s stock after purchasing an additional 5,545 shares during the quarter. Mission Wealth Management LP’s holdings in Mitsubishi UFJ Financial Group were worth $420,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Fisher Asset Management LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 15.7% during the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after acquiring an additional 1,067,409 shares in the last quarter. Chevy Chase Trust Holdings LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 4.2% during the 4th quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company’s stock worth $69,737,000 after acquiring an additional 241,685 shares in the last quarter. Todd Asset Management LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 0.6% during the 4th quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company’s stock worth $47,696,000 after acquiring an additional 24,038 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Mitsubishi UFJ Financial Group by 17.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company’s stock worth $12,783,000 after acquiring an additional 164,011 shares in the last quarter. Finally, Artemis Investment Management LLP bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth about $10,880,000. Institutional investors own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG opened at $13.04 on Thursday. The business has a 50 day moving average price of $12.39 and a 200 day moving average price of $11.45. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $13.34. The company has a market cap of $157.30 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 1.16 and a beta of 0.60. 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 (NYSE:MUFG) last announced its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current 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.