Vise Technologies Inc. Has $2.37 Million Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Vise Technologies Inc. increased its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 70.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 202,221 shares of the company's stock after acquiring an additional 83,545 shares during the period. Vise Technologies Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $2,370,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Custom Index Systems LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth about $281,000. Bank of New York Mellon Corp raised its holdings in shares of Mitsubishi UFJ Financial Group by 17.7% in the 4th quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company's stock worth $12,783,000 after acquiring an additional 164,011 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Mitsubishi UFJ Financial Group by 182.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 152,526 shares of the company's stock worth $1,787,000 after acquiring an additional 98,562 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 21.5% in the 4th quarter. Blue Trust Inc. now owns 152,762 shares of the company's stock worth $1,790,000 after acquiring an additional 27,028 shares during the last quarter. Finally, Atria Wealth Solutions Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 26.6% in the 4th quarter. Atria Wealth Solutions Inc. now owns 13,867 shares of the company's stock worth $163,000 after acquiring an additional 2,915 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Trading Down 1.1%

MUFG opened at $13.66 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03. The firm has a market capitalization of $164.78 billion, a PE ratio of 12.53, a P/E/G ratio of 1.16 and a beta of 0.39. The company's 50-day moving average is $12.74 and its 200 day moving average is $12.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping 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 business had revenue of $22.91 billion during the quarter, compared to the consensus estimate of $6.47 billion. As a group, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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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