LPL Financial LLC Purchases 115,315 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

LPL Financial LLC raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 52.9% during the 4th quarter, HoldingsChannel reports. The fund owned 333,403 shares of the company’s stock after buying an additional 115,315 shares during the quarter. LPL Financial LLC’s holdings in Mitsubishi UFJ Financial Group were worth $3,907,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of Mitsubishi UFJ Financial Group by 14.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company’s stock worth $7,122,000 after buying an additional 88,034 shares during the last quarter. XTX Topco Ltd acquired a new position in Mitsubishi UFJ Financial Group during the third quarter valued at approximately $754,000. MML Investors Services LLC grew its stake in Mitsubishi UFJ Financial Group by 3.1% in the third quarter. MML Investors Services LLC now owns 137,065 shares of the company’s stock valued at $1,395,000 after purchasing an additional 4,135 shares in the last quarter. Barclays PLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $752,000. Finally, M&T Bank Corp raised its stake in shares of Mitsubishi UFJ Financial Group by 0.9% during the 3rd quarter. M&T Bank Corp now owns 555,675 shares of the company’s stock worth $5,657,000 after purchasing an additional 4,699 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $11.10 on Friday. The company has a market cap of $133.89 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. The firm has a 50-day moving average of $12.93 and a 200-day moving average of $11.96. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.75 and a one year high of $15.03. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 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%. As a group, equities analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday.

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.