Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Versant Capital Management Inc

Versant Capital Management Inc raised its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 742.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,884 shares of the company's stock after purchasing an additional 44,844 shares during the period. Versant Capital Management Inc's holdings in Mitsubishi UFJ Financial Group were worth $694,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of MUFG. Whipplewood Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at $29,000. Steward Partners Investment Advisory LLC grew its stake in Mitsubishi UFJ Financial Group by 33.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock valued at $59,000 after purchasing an additional 1,279 shares during the last quarter. Sierra Ocean LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 4th quarter valued at about $62,000. Addison Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 26.0% in the 4th quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock valued at $72,000 after buying an additional 1,263 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $98,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG stock traded down $0.08 during trading hours on Monday, reaching $14.05. The company had a trading volume of 4,700,667 shares, compared to its average volume of 7,052,855. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The stock has a fifty day moving average of $12.65 and a 200-day moving average of $12.50. The company has a market capitalization of $169.49 billion, a price-to-earnings ratio of 12.89, a PEG ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. The business 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.

Analysts Set New Price Targets

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

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.