Federated Hermes Inc. Has $4.02 Million Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Federated Hermes Inc. increased its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 8,010.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 466,601 shares of the company's stock after acquiring an additional 460,848 shares during the quarter. Federated Hermes Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $4,017,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. SVB Wealth LLC grew its position in Mitsubishi UFJ Financial Group by 6.7% during the fourth quarter. SVB Wealth LLC now owns 35,702 shares of the company's stock valued at $307,000 after purchasing an additional 2,233 shares in the last quarter. Keel Point LLC grew its position in Mitsubishi UFJ Financial Group by 5.1% during the fourth quarter. Keel Point LLC now owns 26,657 shares of the company's stock valued at $230,000 after purchasing an additional 1,299 shares in the last quarter. Waldron Private Wealth LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $91,000. Simplicity Solutions LLC grew its position in Mitsubishi UFJ Financial Group by 3.9% during the fourth quarter. Simplicity Solutions LLC now owns 59,497 shares of the company's stock valued at $512,000 after purchasing an additional 2,253 shares in the last quarter. Finally, Clarius Group LLC grew its position in Mitsubishi UFJ Financial Group by 13.2% during the fourth quarter. Clarius Group LLC now owns 46,891 shares of the company's stock valued at $404,000 after purchasing an additional 5,472 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Price Performance

MUFG traded down $0.15 on Friday, reaching $9.91. 1,575,494 shares of the company traded hands, compared to its average volume of 2,496,244. The stock's 50 day moving average price is $10.19 and its 200-day moving average price is $9.21. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $5.99 and a 52-week high of $11.22. The company has a market cap of $122.27 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 0.91 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The company had revenue of $19.25 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. As a group, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

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.