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Confluence Investment Management LLC Purchases Shares of 92,156 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Mitsubishi UFJ Financial Group logo with Finance background

Confluence Investment Management LLC acquired a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 92,156 shares of the company's stock, valued at approximately $943,000.

Several other hedge funds also recently modified their holdings of MUFG. FFT Wealth Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 6.1% in the fourth quarter. FFT Wealth Management LLC now owns 20,946 shares of the company's stock valued at $180,000 after acquiring an additional 1,195 shares during the last quarter. Angeles Investment Advisors LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 3.7% during the fourth quarter. Angeles Investment Advisors LLC now owns 36,072 shares of the company's stock worth $311,000 after purchasing an additional 1,272 shares in the last quarter. Keel Point LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 5.1% during the fourth quarter. Keel Point LLC now owns 26,657 shares of the company's stock worth $230,000 after purchasing an additional 1,299 shares in the last quarter. Advisors Asset Management Inc. boosted its position in shares of Mitsubishi UFJ Financial Group by 3.6% during the third quarter. Advisors Asset Management Inc. now owns 40,851 shares of the company's stock worth $347,000 after purchasing an additional 1,431 shares in the last quarter. Finally, Highland Capital Management LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 1.5% during the fourth quarter. Highland Capital Management LLC now owns 106,900 shares of the company's stock worth $920,000 after purchasing an additional 1,600 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.


Mitsubishi UFJ Financial Group Stock Down 0.9 %

Shares of NYSE:MUFG traded down $0.09 during midday trading on Tuesday, reaching $9.84. 1,488,940 shares of the company were exchanged, compared to its average volume of 2,785,482. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $6.85 and a fifty-two week high of $11.22. The stock has a fifty day simple moving average of $10.15 and a two-hundred day simple moving average of $9.68. The firm has a market cap of $115.39 billion, a PE ratio of 11.34, a P/E/G ratio of 0.96 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. The firm had revenue of $22.78 billion for the quarter. As a group, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current 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.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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