Jane Street Group LLC Invests $1.54 Million in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Jane Street Group LLC bought a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 131,393 shares of the company's stock, valued at approximately $1,540,000.

Several other hedge funds have also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at $29,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock worth $59,000 after acquiring an additional 1,279 shares during the last quarter. Sierra Ocean LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $62,000. Addison Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 26.0% in the fourth quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock worth $72,000 after acquiring an additional 1,263 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $111,000. 13.59% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Friday, May 16th.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG traded up $0.12 during trading on Wednesday, hitting $13.83. 8,137,230 shares of the company were exchanged, compared to its average volume of 3,965,439. The business's 50 day moving average is $12.74 and its 200-day moving average is $12.36. The company has a market capitalization of $166.84 billion, a P/E ratio of 12.68, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. 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 1-year low of $8.75 and a 1-year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.10. The company had revenue of $22.91 billion for the quarter, compared to analysts' expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Equities analysts forecast 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.