Guardian Partners Inc. Purchases Shares of 585,173 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Guardian Partners Inc. acquired a new position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 585,173 shares of the company’s stock, valued at approximately $7,069,000.

Several other large investors have also recently modified their holdings of MUFG. Whipplewood Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter worth about $55,000. Steward Partners Investment Advisory LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 33.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after purchasing an additional 1,279 shares during the last quarter. Sierra Ocean LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $62,000. Finally, Versant Capital Management Inc bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $71,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $14.97 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The business’s 50 day moving average price is $12.82 and its 200-day moving average price is $11.71. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. The stock has a market cap of $180.68 billion, a P/E ratio of 13.74, a P/E/G ratio of 1.16 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued 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 return on equity of 9.27% and a net margin of 14.19%. Equities research analysts anticipate 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.