Golden State Wealth Management LLC Purchases Shares of 9,454 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Golden State Wealth Management LLC acquired a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 9,454 shares of the company’s stock, valued at approximately $111,000.

Several other large investors have also modified their holdings of MUFG. Blue Trust Inc. increased its position in Mitsubishi UFJ Financial Group by 98.7% during the third quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock worth $1,358,000 after buying an additional 62,449 shares during the period. Barclays PLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the third quarter worth approximately $752,000. Fisher Asset Management LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 15.7% in the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after acquiring an additional 1,067,409 shares during the period. Bleakley Financial Group LLC raised its position in Mitsubishi UFJ Financial Group by 11.8% in the 3rd quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock valued at $261,000 after purchasing an additional 2,701 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its stake in Mitsubishi UFJ Financial Group by 23.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock worth $8,816,000 after purchasing an additional 164,206 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded 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 Stock Down 1.1 %

MUFG opened at $12.53 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $12.96. The business has a 50 day moving average price of $12.06 and a two-hundred day moving average price of $11.14. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The company has a market cap of $151.15 billion, a PE ratio of 11.49, a P/E/G ratio of 1.13 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate 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, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current 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.