Highland Capital Management LLC Has $920,000 Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Highland Capital Management LLC raised its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 106,900 shares of the company’s stock after buying an additional 1,600 shares during the period. Highland Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $920,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Addison Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 254.7% in the third quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock valued at $31,000 after purchasing an additional 2,583 shares in the last quarter. Eagle Bay Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the second quarter valued at approximately $36,000. Hexagon Capital Partners LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 114.6% in the third quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock valued at $39,000 after purchasing an additional 2,437 shares in the last quarter. Bessemer Group Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group in the second quarter valued at approximately $47,000. Finally, IHT Wealth Management LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter valued at approximately $49,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $10.31 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $11.22. The firm has a market cap of $127.14 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.00 and a beta of 0.61. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.91 and a quick ratio of 0.91. The firm has a 50 day simple moving average of $9.84 and a 200 day simple moving average of $8.99.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. Sell-side analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.