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LPL Financial LLC Has $6.25 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Mitsubishi UFJ Financial Group logo with Finance background

Key Points

  • LPL Financial LLC increased its stake in Mitsubishi UFJ Financial Group by 37.4%, acquiring an additional 124,828 shares, now owning a total of 458,231 shares valued at approximately $6.25 million.
  • Institutional investors collectively own 13.59% of Mitsubishi UFJ Financial Group's stock, with several hedge funds making recent adjustments to their positions.
  • Mitsubishi UFJ Financial Group reported earnings of $0.32 per share for the latest quarter, exceeding estimates, with revenues of $22.10 billion.
  • Looking to export and analyze Mitsubishi UFJ Financial Group data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

LPL Financial LLC raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 37.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 458,231 shares of the company's stock after acquiring an additional 124,828 shares during the quarter. LPL Financial LLC's holdings in Mitsubishi UFJ Financial Group were worth $6,246,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of MUFG. Alaethes Wealth LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 0.4% during the 4th quarter. Alaethes Wealth LLC now owns 214,817 shares of the company's stock valued at $2,518,000 after buying an additional 951 shares during the last quarter. May Hill Capital LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 9.3% during the 1st quarter. May Hill Capital LLC now owns 11,258 shares of the company's stock valued at $153,000 after buying an additional 961 shares during the last quarter. Lindbrook Capital LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 3.2% during the 1st quarter. Lindbrook Capital LLC now owns 31,495 shares of the company's stock valued at $429,000 after buying an additional 983 shares during the last quarter. Wedmont Private Capital lifted its holdings in shares of Mitsubishi UFJ Financial Group by 3.9% during the 1st quarter. Wedmont Private Capital now owns 29,658 shares of the company's stock valued at $404,000 after buying an additional 1,126 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 2.9% during the 4th quarter. Integrated Wealth Concepts LLC now owns 49,706 shares of the company's stock valued at $583,000 after buying an additional 1,403 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Stock Performance

MUFG traded down $0.09 on Wednesday, hitting $15.01. The company had a trading volume of 3,009,588 shares, compared to its average volume of 3,697,936. The company's fifty day moving average price is $13.85 and its 200 day moving average price is $13.21. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $9.85 and a 1-year high of $15.15. The company has a debt-to-equity ratio of 1.86, a current ratio of 0.89 and a quick ratio of 0.89. The stock has a market cap of $181.14 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 1.48 and a beta of 0.42.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 9.35% and a net margin of 13.95%. The firm had revenue of $22.10 billion during the quarter, compared to analyst estimates of $9.86 billion. Equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Saturday.

View Our Latest Report on Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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