Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by OLD National Bancorp IN

OLD National Bancorp IN raised its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 31.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 26,725 shares of the company’s stock after acquiring an additional 6,425 shares during the quarter. OLD National Bancorp IN’s holdings in Mitsubishi UFJ Financial Group were worth $230,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Greenleaf Trust lifted its stake in shares of Mitsubishi UFJ Financial Group by 0.9% in the third quarter. Greenleaf Trust now owns 148,666 shares of the company’s stock worth $1,262,000 after buying an additional 1,278 shares in the last quarter. Keel Point LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 5.1% in the fourth quarter. Keel Point LLC now owns 26,657 shares of the company’s stock worth $230,000 after buying an additional 1,299 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group by 3.6% in the third quarter. Advisors Asset Management Inc. now owns 40,851 shares of the company’s stock worth $347,000 after buying an additional 1,431 shares in the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Stratos Wealth Partners LTD. now owns 14,412 shares of the company’s stock worth $122,000 after buying an additional 1,524 shares in the last quarter. Finally, Highland Capital Management LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 1.5% in the fourth quarter. Highland Capital Management LLC now owns 106,900 shares of the company’s stock worth $920,000 after buying an additional 1,600 shares in the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Down 1.5 %

Mitsubishi UFJ Financial Group stock opened at $9.91 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $5.99 and a 12-month high of $11.22. The stock has a market cap of $122.21 billion, a P/E ratio of 7.99, a PEG ratio of 0.91 and a beta of 0.61. The company has a 50-day moving average price of $10.19 and a 200 day moving average price of $9.21.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share 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 during the quarter. As a group, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current year.

Mitsubishi UFJ Financial Group 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.