Vise Technologies Inc. Buys 83,545 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Vise Technologies Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 70.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 202,221 shares of the company's stock after purchasing an additional 83,545 shares during the quarter. Vise Technologies Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $2,370,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MUFG. Custom Index Systems LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at 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 valued at $12,783,000 after acquiring an additional 164,011 shares in 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 valued at $1,787,000 after acquiring an additional 98,562 shares in 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 valued at $1,790,000 after acquiring an additional 27,028 shares in 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 valued at $163,000 after acquiring an additional 2,915 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Shares of Mitsubishi UFJ Financial Group stock traded down $0.37 during trading on Wednesday, hitting $13.78. 3,412,568 shares of the stock traded hands, compared to its average volume of 4,044,508. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The stock has a market cap of $166.23 billion, a price-to-earnings ratio of 12.64, a PEG ratio of 1.16 and a beta of 0.39. The firm's fifty day moving average is $12.70 and its 200-day moving average is $12.44. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03.

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

Wall Street Analysts Forecast Growth

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

Mitsubishi UFJ Financial Group Company 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.