Chevy Chase Trust Holdings LLC bought a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 805,670 shares of the company's stock, valued at approximately $6,937,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Addison Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 254.7% during the 3rd quarter. Addison Advisors LLC now owns 3,597 shares of the company's stock valued at $31,000 after buying an additional 2,583 shares during the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $36,000. Hexagon Capital Partners LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 114.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company's stock worth $39,000 after purchasing an additional 2,437 shares during the last quarter. IHT Wealth Management LLC acquired a new position in Mitsubishi UFJ Financial Group during the 3rd quarter valued at approximately $49,000. Finally, BNP Paribas Arbitrage SNC bought a new position in Mitsubishi UFJ Financial Group during the 3rd quarter worth $52,000. 13.59% of the stock is owned by institutional investors and hedge funds.
Mitsubishi UFJ Financial Group Stock Down 0.7 %
NYSE MUFG traded down $0.08 during trading hours on Tuesday, hitting $10.14. The company had a trading volume of 2,747,980 shares, compared to its average volume of 3,145,190. The firm has a market cap of $125.04 billion, a P/E ratio of 8.17, a price-to-earnings-growth ratio of 0.92 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $11.22. The business has a fifty day simple moving average of $10.04 and a 200-day simple moving average of $9.07.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. The firm had revenue of $19.25 billion for the quarter. Equities analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current fiscal year.
Mitsubishi UFJ Financial Group Profile
(
Free Report)
Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.
Further Reading
Before you consider Mitsubishi UFJ Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi UFJ Financial Group wasn't on the list.
While Mitsubishi UFJ Financial Group currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
