Whittier Trust Co. of Nevada Inc. Acquires 34,992 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Whittier Trust Co. of Nevada Inc. boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 100.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,687 shares of the company's stock after purchasing 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 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MUFG. Wealth Enhancement Advisory Services LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 1st quarter worth about $143,000. Allspring Global Investments Holdings LLC grew its holdings in Mitsubishi UFJ Financial Group by 5.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 88,180 shares of the company's stock worth $1,163,000 after acquiring an additional 4,664 shares during the period. Sowell Financial Services LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 1st quarter worth about $183,000. Rockefeller Capital Management L.P. grew its holdings in Mitsubishi UFJ Financial Group by 182.6% during 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 period. Finally, Janney Montgomery Scott LLC grew its holdings in Mitsubishi UFJ Financial Group by 1.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 119,616 shares of the company's stock worth $1,630,000 after acquiring an additional 1,497 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Down 1.0%

Mitsubishi UFJ Financial Group stock traded down $0.13 during trading hours on Friday, reaching $13.29. 2,975,124 shares of the company's stock were exchanged, compared to its average volume of 4,404,107. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.57. The firm's 50 day simple moving average is $13.63 and its 200 day simple moving average is $12.94. The firm has a market capitalization of $160.38 billion, a PE ratio of 12.66, a PEG ratio of 0.88 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its 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. The company had revenue of $22.91 billion during the quarter, compared to the consensus estimate of $6.47 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.45% and a net margin of 13.70%. Research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Ratings Changes

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

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.