Ieq Capital LLC Has $266,000 Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Ieq Capital LLC grew its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,735 shares of the company’s stock after acquiring an additional 3,244 shares during the quarter. Ieq Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $266,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Sierra Ocean LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth about $62,000. Venturi Wealth Management LLC grew its stake in Mitsubishi UFJ Financial Group by 72.8% during the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after buying an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter worth approximately $55,000. Versant Capital Management Inc bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $71,000. Finally, Golden State Wealth Management LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth approximately $111,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $12.74 on Friday. The stock has a 50-day simple moving average of $12.31 and a 200 day simple moving average of $11.38. The stock has a market capitalization of $153.68 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 1.16 and a beta of 0.61. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $13.34.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. On average, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 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, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.