Whittier Trust Co. Acquires 18,755 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Whittier Trust Co. raised its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 12.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 173,696 shares of the company's stock after buying an additional 18,755 shares during the quarter. Whittier Trust Co.'s holdings in Mitsubishi UFJ Financial Group were worth $2,367,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Alaethes Wealth LLC lifted its position in Mitsubishi UFJ Financial Group by 0.4% during the fourth 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 period. May Hill Capital LLC raised its position in shares of Mitsubishi UFJ Financial Group by 9.3% in the 1st quarter. May Hill Capital LLC now owns 11,258 shares of the company's stock worth $153,000 after purchasing an additional 961 shares during the last quarter. EntryPoint Capital LLC raised its position in shares of Mitsubishi UFJ Financial Group by 6.9% in the 4th quarter. EntryPoint Capital LLC now owns 15,595 shares of the company's stock worth $183,000 after purchasing an additional 1,002 shares during the last quarter. Wedmont Private Capital grew its position in 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 purchasing an additional 1,126 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position 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. Hedge funds and other institutional investors own 13.59% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th.

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG traded down $0.13 during mid-day trading on Friday, reaching $13.29. The company's stock had a trading volume of 2,975,124 shares, compared to its average volume of 4,404,107. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $15.03. The firm's fifty day moving average price is $13.63 and its two-hundred day moving average price is $12.94. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 2.57. The stock has a market cap of $160.38 billion, a P/E ratio of 12.66, a PEG ratio of 0.88 and a beta of 0.39.

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, beating the consensus estimate of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a net margin of 13.70% and a return on equity of 9.45%. The firm had revenue of $22.91 billion during the quarter, compared to analyst estimates of $6.47 billion. On average, equities analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

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.