Callan Capital LLC Increases Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Callan Capital LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 26.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,492 shares of the company's stock after purchasing an additional 18,651 shares during the quarter. Callan Capital LLC's holdings in Mitsubishi UFJ Financial Group were worth $1,206,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MUFG. Alaethes Wealth LLC increased its stake in Mitsubishi UFJ Financial Group by 0.4% during the 4th quarter. Alaethes Wealth LLC now owns 214,817 shares of the company's stock worth $2,518,000 after buying an additional 951 shares in the last quarter. EntryPoint Capital LLC raised its stake in Mitsubishi UFJ Financial Group by 6.9% in the 4th quarter. EntryPoint Capital LLC now owns 15,595 shares of the company's stock valued at $183,000 after purchasing an additional 1,002 shares during the last quarter. Wedmont Private Capital boosted its stake in Mitsubishi UFJ Financial Group by 3.9% during the 1st quarter. Wedmont Private Capital now owns 29,658 shares of the company's stock worth $404,000 after purchasing an additional 1,126 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position 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 valued at $59,000 after buying an additional 1,279 shares during the last quarter. Finally, Ballast Advisors LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 2.1% in the fourth quarter. Ballast Advisors LLC now owns 63,069 shares of the company's stock worth $739,000 after buying an additional 1,279 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th.

Mitsubishi UFJ Financial Group Stock Up 0.0%

Shares of NYSE:MUFG opened at $13.80 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03. The stock has a market cap of $166.47 billion, a P/E ratio of 13.14, a PEG ratio of 0.94 and a beta of 0.39. The business has a fifty day moving average of $13.42 and a two-hundred day moving average of $12.82.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a net margin of 13.70% and a return on equity of 9.18%. The firm had revenue of $22.91 billion during the quarter, compared to analyst estimates of $6.47 billion. On average, equities analysts anticipate 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.

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