Adero Partners LLC Buys 3,873 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Adero Partners LLC increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 31.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,045 shares of the company’s stock after buying an additional 3,873 shares during the period. Adero Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $188,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 49.8% during the second quarter. AQR Capital Management LLC now owns 159,255 shares of the company’s stock valued at $1,720,000 after purchasing an additional 52,915 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of Mitsubishi UFJ Financial Group by 2.1% during the second quarter. Cetera Investment Advisers now owns 132,025 shares of the company’s stock valued at $1,426,000 after purchasing an additional 2,657 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the second quarter valued at approximately $1,617,000. GAMMA Investing LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 15.8% during the third quarter. GAMMA Investing LLC now owns 28,269 shares of the company’s stock valued at $288,000 after purchasing an additional 3,866 shares in the last quarter. Finally, Wedmont Private Capital increased its stake in shares of Mitsubishi UFJ Financial Group by 9.0% during the third quarter. Wedmont Private Capital now owns 28,094 shares of the company’s stock valued at $291,000 after purchasing an additional 2,312 shares in the last quarter. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG opened at $12.66 on Friday. The company has a 50 day simple moving average of $12.02 and a two-hundred day simple moving average of $11.12. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $12.96. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91. The company has a market capitalization of $152.72 billion, a price-to-earnings ratio of 12.41, a P/E/G ratio of 1.12 and a beta of 0.61.

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, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 13.89% and a return on equity of 8.86%. Analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

Mitsubishi UFJ Financial Group 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.