LPL Financial LLC Raises Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

LPL Financial LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 52.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 333,403 shares of the company's stock after buying an additional 115,315 shares during the period. LPL Financial LLC's holdings in Mitsubishi UFJ Financial Group were worth $3,907,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at $29,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Mitsubishi UFJ Financial Group during the third quarter valued at approximately $55,000. Steward Partners Investment Advisory LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% in the fourth 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. Sierra Ocean LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $62,000. Finally, Versant Capital Management Inc purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth $71,000. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE MUFG traded down $0.30 during mid-day trading on Wednesday, hitting $11.59. The company had a trading volume of 680,034 shares, compared to its average volume of 3,589,608. The stock's 50-day moving average price is $12.87 and its 200-day moving average price is $11.99. The company has a market capitalization of $139.80 billion, a price-to-earnings ratio of 10.63, a P/E/G ratio of 1.16 and a beta of 0.39. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. On average, sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Wednesday, April 9th.

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.