May Hill Capital LLC Makes New $121,000 Investment in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

May Hill Capital LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 10,297 shares of the company’s stock, valued at approximately $121,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Barclays PLC purchased a new position in Mitsubishi UFJ Financial Group during the 3rd quarter valued at about $752,000. Custom Index Systems LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $281,000. Synovus Financial Corp increased its holdings in Mitsubishi UFJ Financial Group by 24.4% during the third quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock valued at $3,070,000 after buying an additional 59,053 shares during the period. JPMorgan Chase & Co. increased its holdings in Mitsubishi UFJ Financial Group by 41.7% during the third quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company’s stock valued at $2,629,000 after buying an additional 75,997 shares during the period. Finally, Dorsey Wright & Associates raised its stake in Mitsubishi UFJ Financial Group by 12.0% in the third quarter. Dorsey Wright & Associates now owns 403,508 shares of the company’s stock worth $4,108,000 after buying an additional 43,244 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

MUFG opened at $13.31 on Wednesday. The firm has a market capitalization of $160.56 billion, a PE ratio of 12.21, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The business’s 50-day moving average is $13.10 and its two-hundred day moving average is $11.91. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (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%. Research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Tuesday.

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.