Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by Callan Capital LLC

Callan Capital LLC boosted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 18.5% in the fourth quarter, HoldingsChannel reports. The firm owned 69,841 shares of the company’s stock after purchasing an additional 10,907 shares during the quarter. Callan Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Wealth Alliance boosted its position in Mitsubishi UFJ Financial Group by 56.5% during the 4th quarter. Wealth Alliance now owns 46,896 shares of the company’s stock valued at $550,000 after purchasing an additional 16,933 shares during the period. Ieq Capital LLC boosted its position in Mitsubishi UFJ Financial Group by 16.6% during the 4th quarter. Ieq Capital LLC now owns 22,735 shares of the company’s stock valued at $266,000 after purchasing an additional 3,244 shares during the period. Private Advisor Group LLC boosted its position in Mitsubishi UFJ Financial Group by 1.6% during the 4th quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock valued at $778,000 after purchasing an additional 1,040 shares during the period. Atria Wealth Solutions Inc. boosted its position in Mitsubishi UFJ Financial Group by 26.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 13,867 shares of the company’s stock valued at $163,000 after purchasing an additional 2,915 shares during the period. Finally, Truist Financial Corp boosted its position in Mitsubishi UFJ Financial Group by 5.7% during the 4th quarter. Truist Financial Corp now owns 399,973 shares of the company’s stock valued at $4,688,000 after purchasing an additional 21,606 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analysts Set New Price Targets

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

Mitsubishi UFJ Financial Group Trading Down 2.7 %

NYSE:MUFG opened at $12.67 on Friday. The stock has a market cap of $152.84 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 1.16 and a beta of 0.61. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The business has a fifty day moving average of $12.19 and a 200-day moving average of $11.27. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $13.34.

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 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%. Equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share 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.