Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Position Boosted by Whittier Trust Co. of Nevada Inc.

Whittier Trust Co. of Nevada Inc. lifted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 100.9% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,687 shares of the company's stock after buying an additional 34,992 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $950,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC acquired a new stake in Mitsubishi UFJ Financial Group in the 1st quarter valued at $143,000. Allspring Global Investments Holdings LLC increased its holdings in Mitsubishi UFJ Financial Group by 5.6% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 88,180 shares of the company's stock valued at $1,163,000 after purchasing an additional 4,664 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in Mitsubishi UFJ Financial Group in the 1st quarter valued at $183,000. Rockefeller Capital Management L.P. increased its holdings in 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 purchasing an additional 98,562 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its holdings in Mitsubishi UFJ Financial Group by 1.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 119,616 shares of the company's stock valued at $1,630,000 after purchasing an additional 1,497 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Down 1.0%

NYSE:MUFG traded down $0.13 on Friday, reaching $13.29. The stock had a trading volume of 2,975,124 shares, compared to its average volume of 6,299,404. 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 company has a 50-day moving average of $13.61 and a 200 day moving average of $12.92. The stock has a market cap of $160.38 billion, a P/E ratio of 12.66, a price-to-earnings-growth ratio of 0.88 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 posted its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.10. The company had revenue of $22.91 billion during the quarter, compared to analysts' expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 13.70% and a return on equity of 9.45%. On average, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Wall Street Analyst Weigh In

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

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.