192,176 Shares in Mitsubishi UFJ Financial Group, Inc. $MUFG Purchased by Fulcrum Wealth Advisors LLC

Key Points

• Fulcrum Wealth Advisors LLC bought a new position of 192,176 shares of Mitsubishi UFJ Financial Group (MUFG) in Q4, valued at about $3.05 million, representing 2.5% of Fulcrum's holdings and its 14th-largest stake.
• MUFG reported quarterly EPS of $0.32 (beating estimates by $0.02) with a net margin of 13.87% and ROE of 9.58%; analysts expect roughly $1.23 EPS for the year and the stock trades at a P/E of 15.42 with a market cap near $208.6 billion.
• Analyst sentiment is bullish—UBS upgraded MUFG to a "Strong Buy" and Weiss Ratings to a buy—and institutional/hedge-fund ownership is about 13.59%.

Fulcrum Wealth Advisors 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 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 192,176 shares of the company's stock, valued at approximately $3,048,000. Mitsubishi UFJ Financial Group accounts for 2.5% of Fulcrum Wealth Advisors LLC's holdings, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MUFG. Laurel Wealth Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth about $26,000. Westside Investment Management Inc. grew its position in Mitsubishi UFJ Financial Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,846 shares of the company's stock worth $29,000 after buying an additional 923 shares during the period. JPL Wealth Management LLC acquired a new position in Mitsubishi UFJ Financial Group during the third quarter worth about $34,000. Redmont Wealth Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the third quarter worth about $35,000. Finally, Sound Income Strategies LLC grew its position in Mitsubishi UFJ Financial Group by 716.4% during the fourth quarter. Sound Income Strategies LLC now owns 2,482 shares of the company's stock worth $39,000 after buying an additional 2,178 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

MUFG stock opened at $17.58 on Tuesday. The company's 50 day simple moving average is $17.55 and its 200-day simple moving average is $16.91. The firm has a market capitalization of $208.58 billion, a PE ratio of 15.42, a P/E/G ratio of 0.77 and a beta of 0.40. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $12.24 and a 12 month high of $20.15.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.32 EPS for the quarter, beating the consensus estimate 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, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.23 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. UBS Group upgraded shares of Mitsubishi UFJ Financial Group to a "strong-buy" rating in a research 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 research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Mitsubishi UFJ Financial Group presently has an average rating of "Buy".

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.

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