Callan Family Office LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 122,111 shares of the company’s stock, valued at approximately $1,431,000.
A number of other large investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC grew its holdings in Mitsubishi UFJ Financial Group by 9.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after purchasing an additional 858 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group by 1.9% in the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock worth $526,000 after acquiring an additional 938 shares in the last quarter. Abel Hall LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 4.9% in the third quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock worth $208,000 after acquiring an additional 949 shares in the last quarter. OLD National Bancorp IN lifted its stake in shares of Mitsubishi UFJ Financial Group by 5.1% in the fourth quarter. OLD National Bancorp IN now owns 19,841 shares of the company’s stock worth $233,000 after acquiring an additional 955 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 1.6% in the fourth quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock worth $778,000 after acquiring an additional 1,040 shares in the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday.
Mitsubishi UFJ Financial Group Stock Up 0.4 %
MUFG stock opened at $13.02 on Friday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $13.34. 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 company has a market capitalization of $157.07 billion, a P/E ratio of 11.94, a PEG ratio of 1.16 and a beta of 0.60. The firm has a 50 day simple moving average of $12.44 and a 200-day simple moving average of $11.48.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating 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%. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
About Mitsubishi UFJ Financial Group
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.
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