Cerity Partners LLC Purchases 49,217 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cerity Partners LLC lifted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 21.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 276,483 shares of the company’s stock after acquiring an additional 49,217 shares during the period. Cerity Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,381,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Addison Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 254.7% in the third quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after purchasing an additional 2,583 shares in the last quarter. Eagle Bay Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $36,000. Hexagon Capital Partners LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 114.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock valued at $39,000 after acquiring an additional 2,437 shares during the period. IHT Wealth Management LLC bought a new position in Mitsubishi UFJ Financial Group during the third quarter worth $49,000. Finally, BNP Paribas Arbitrage SNC acquired a new stake in Mitsubishi UFJ Financial Group in the third quarter worth $52,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Up 1.0 %

Shares of NYSE MUFG opened at $9.78 on Friday. The firm’s 50-day moving average price is $10.12 and its 200-day moving average price is $9.14. The firm has a market capitalization of $120.66 billion, a P/E ratio of 7.89, a P/E/G ratio of 0.89 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $5.99 and a 1-year high of $11.22.

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