Intrust Bank NA Raises Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Intrust Bank NA increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 96,124 shares of the company’s stock after purchasing an additional 4,922 shares during the period. Intrust Bank NA’s holdings in Mitsubishi UFJ Financial Group were worth $1,127,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth $29,000. Wilmington Savings Fund Society FSB purchased a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth $55,000. Steward Partners Investment Advisory LLC lifted its holdings in Mitsubishi UFJ Financial Group by 33.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after buying an additional 1,279 shares in the last quarter. Sierra Ocean LLC purchased a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at about $62,000. Finally, Versant Capital Management Inc acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at about $71,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Monday, March 24th.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $14.00 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The stock has a market cap of $168.89 billion, a P/E ratio of 12.84, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The stock has a 50 day moving average of $13.06 and a 200-day moving average of $11.85.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. On average, analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal 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.