34,501 Shares in Mitsubishi UFJ Financial Group, Inc. $MUFG Bought by Third View Private Wealth LLC
by Teresa Graham · The Cerbat GemThird View Private Wealth LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,501 shares of the company’s stock, valued at approximately $547,000.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Huntington National Bank boosted its stake in Mitsubishi UFJ Financial Group by 4.9% during the third quarter. Huntington National Bank now owns 14,086 shares of the company’s stock worth $225,000 after acquiring an additional 659 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 5.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 13,930 shares of the company’s stock worth $221,000 after acquiring an additional 691 shares in the last quarter. Xponance Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group by 5.4% in the third quarter. Xponance Inc. now owns 13,991 shares of the company’s stock valued at $223,000 after buying an additional 723 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 12.2% during the fourth quarter. Nisa Investment Advisors LLC now owns 6,731 shares of the company’s stock valued at $107,000 after buying an additional 731 shares during the last quarter. Finally, Horizon Investments LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 25.8% during the third quarter. Horizon Investments LLC now owns 3,575 shares of the company’s stock valued at $57,000 after buying an additional 734 shares during the last quarter. 13.59% of the stock is owned by institutional investors.
Mitsubishi UFJ Financial Group Price Performance
Shares of NYSE MUFG opened at $18.18 on Wednesday. The stock has a market capitalization of $215.75 billion, a P/E ratio of 15.95, a P/E/G ratio of 0.81 and a beta of 0.38. The company has a 50-day moving average price of $17.90 and a 200-day moving average price of $16.70. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $11.50 and a 1 year high of $20.15.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.32 earnings per share (EPS) 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, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
Analyst Ratings Changes
MUFG has been the subject of a number of analyst reports. UBS Group upgraded shares of Mitsubishi UFJ Financial Group to a “strong-buy” rating in a report on Thursday, January 22nd. Weiss Ratings upgraded 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 given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Mitsubishi UFJ Financial Group currently has an average rating of “Buy”.
Get Our Latest Stock Analysis on MUFG
About Mitsubishi UFJ Financial Group
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.