Oppenheimer Asset Management Inc. Has $1.47 Million Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Oppenheimer Asset Management Inc. boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 83.2% in the 4th quarter, HoldingsChannel reports. The firm owned 125,282 shares of the company’s stock after buying an additional 56,884 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,468,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC bought a new position in shares of Mitsubishi UFJ Financial Group in the third quarter valued at approximately $752,000. Fisher Asset Management LLC raised its position in 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 purchasing an additional 1,067,409 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in Mitsubishi UFJ Financial Group by 23.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock valued at $8,816,000 after purchasing an additional 164,206 shares during the last quarter. Custom Index Systems LLC acquired a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth $281,000. Finally, Synovus Financial Corp grew its holdings in shares of Mitsubishi UFJ Financial Group by 24.4% during the third quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock worth $3,070,000 after purchasing an additional 59,053 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Up 0.9 %

Shares of NYSE MUFG opened at $12.84 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year 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 50-day moving average of $12.34 and a two-hundred day moving average of $11.42. The company has a market cap of $154.95 billion, a PE ratio of 11.78, a P/E/G ratio of 1.16 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, topping 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%. As a group, equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday, February 25th.

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.