Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Holdings Increased by Corient Private Wealth LLC

Corient Private Wealth LLC increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.0% in the 4th quarter, HoldingsChannel reports. The fund owned 120,358 shares of the company’s stock after acquiring an additional 5,783 shares during the period. Corient Private Wealth LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,411,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Advisors Asset Management Inc. boosted its stake in Mitsubishi UFJ Financial Group by 14.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 51,247 shares of the company’s stock valued at $522,000 after purchasing an additional 6,637 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 14.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company’s stock valued at $7,122,000 after buying an additional 88,034 shares during the period. Eagle Asset Management Inc. boosted its stake in Mitsubishi UFJ Financial Group by 11.3% during the third quarter. Eagle Asset Management Inc. now owns 63,142 shares of the company’s stock valued at $643,000 after buying an additional 6,386 shares in the last quarter. Cerity Partners LLC grew its holdings in Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock worth $8,327,000 after acquiring an additional 189,887 shares during the period. Finally, Summit Trail Advisors LLC raised its position in Mitsubishi UFJ Financial Group by 33.8% in the third quarter. Summit Trail Advisors LLC now owns 38,689 shares of the company’s stock worth $394,000 after acquiring an additional 9,773 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 0.3 %

Mitsubishi UFJ Financial Group stock opened at $14.67 on Wednesday. The firm has a market cap of $177.03 billion, a price-to-earnings ratio of 13.46, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03. The firm’s 50 day moving average price is $12.93 and its two-hundred day moving average price is $11.78. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. On average, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Monday.

About Mitsubishi UFJ Financial Group

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.