Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by MGO One Seven LLC

MGO One Seven LLC raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 119.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,876 shares of the company’s stock after acquiring an additional 13,529 shares during the quarter. MGO One Seven LLC’s holdings in Mitsubishi UFJ Financial Group were worth $292,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in MUFG. Clearbridge Investments LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 325.9% during the 4th quarter. Clearbridge Investments LLC now owns 3,822,530 shares of the company’s stock worth $44,800,000 after acquiring an additional 2,924,979 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $29,252,000. Artemis Investment Management LLP acquired a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth approximately $10,880,000. Guardian Partners Inc. purchased a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $7,069,000. Finally, Natixis Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 5.4% during the fourth quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company’s stock worth $115,452,000 after acquiring an additional 507,578 shares during the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $12.70 on Wednesday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03. The firm has a 50-day simple moving average of $12.74 and a 200-day simple moving average of $12.12. The company has a market capitalization of $153.26 billion, a price-to-earnings ratio of 11.65, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39.

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

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Friday, April 18th.

Mitsubishi UFJ Financial Group 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.