Vanguard Personalized Indexing Management LLC Acquires 28,711 Shares of Mitsubishi UFJ Financial Group, Inc. $MUFG

Key Points

• Vanguard Personalized Indexing Management LLC increased its holdings in Mitsubishi UFJ Financial Group, acquiring an additional 28,711 shares, bringing its total ownership to 483,620 shares valued at approximately $6.63 million.
• Several hedge funds, including GAMMA Investing LLC and SG Americas Securities LLC, also increased their positions in Mitsubishi UFJ Financial Group during the first quarter, demonstrating growing institutional interest.
• Mitsubishi UFJ Financial Group reported earnings that exceeded analysts' expectations, with a quarterly EPS of $0.32 compared to a consensus estimate of $0.29, and revenues of $22.10 billion.

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 6.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 483,620 shares of the company's stock after purchasing an additional 28,711 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Mitsubishi UFJ Financial Group were worth $6,635,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in MUFG. GAMMA Investing LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 23.0% during the first quarter. GAMMA Investing LLC now owns 44,607 shares of the company's stock worth $608,000 after purchasing an additional 8,349 shares during the period. SG Americas Securities LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 143.2% during the first quarter. SG Americas Securities LLC now owns 40,264 shares of the company's stock worth $549,000 after purchasing an additional 23,706 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the first quarter worth approximately $143,000. Janney Montgomery Scott LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 1.3% during the first quarter. Janney Montgomery Scott LLC now owns 119,616 shares of the company's stock worth $1,630,000 after purchasing an additional 1,497 shares during the period. Finally, Sowell Financial Services LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the first quarter worth approximately $183,000. 13.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

MUFG has been the topic of several recent research reports. Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Zacks Research raised shares of Mitsubishi UFJ Financial Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 26th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy".

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG opened at $14.85 on Tuesday. The stock has a market cap of $179.15 billion, a PE ratio of 13.75, a PEG ratio of 1.07 and a beta of 0.38. The firm's fifty day moving average price is $15.38 and its two-hundred day moving average price is $13.92. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.89 and a current ratio of 0.89. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $10.15 and a fifty-two week high of $16.24.

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

Mitsubishi UFJ Financial Group Profile

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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