GAMMA Investing LLC Has $8.29 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

GAMMA Investing LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 1,576.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 607,993 shares of the company's stock after acquiring an additional 571,735 shares during the period. GAMMA Investing LLC's holdings in Mitsubishi UFJ Financial Group were worth $8,287,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MUFG. SG Americas Securities LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $194,000. Stratos Wealth Partners LTD. lifted its position in shares of Mitsubishi UFJ Financial Group by 7.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 16,700 shares of the company's stock valued at $196,000 after acquiring an additional 1,192 shares during the period. Choreo LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 21.3% during the 4th quarter. Choreo LLC now owns 76,344 shares of the company's stock valued at $896,000 after acquiring an additional 13,393 shares during the period. Bleakley Financial Group LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 16.5% during the 4th quarter. Bleakley Financial Group LLC now owns 29,851 shares of the company's stock valued at $350,000 after acquiring an additional 4,238 shares during the period. Finally, Golden State Wealth Management LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $111,000. Institutional investors and hedge funds own 13.59% of the company's stock.

Wall Street Analyst Weigh In

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

Mitsubishi UFJ Financial Group Stock Up 0.4%

Mitsubishi UFJ Financial Group stock opened at $13.84 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $15.03. The firm has a market capitalization of $167.02 billion, a price-to-earnings ratio of 12.70, a price-to-earnings-growth ratio of 1.16 and a beta of 0.42. The firm's fifty day moving average price is $12.64 and its two-hundred day moving average price is $12.57. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. The firm had revenue of $22.91 billion for the quarter, compared to analyst estimates of $6.47 billion. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal 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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