Hilltop National Bank Purchases Shares of 15,217 Mitsubishi UFJ Financial Group, Inc. $MUFG

Hilltop National Bank purchased a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,217 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Opal Wealth Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group in the second quarter worth about $31,000. Caitong International Asset Management Co. Ltd acquired a new stake in Mitsubishi UFJ Financial Group during the first quarter valued at approximately $32,000. Nisa Investment Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at approximately $41,000. Geneos Wealth Management Inc. grew its stake in shares of Mitsubishi UFJ Financial Group by 245.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock valued at $65,000 after purchasing an additional 3,403 shares during the period. Finally, Olde Wealth Management LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at approximately $87,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG stock opened at $15.75 on Friday. The stock’s fifty day moving average is $15.24 and its 200-day moving average is $13.90. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.89 and a current ratio of 0.89. The stock has a market capitalization of $190.01 billion, a PE ratio of 14.58, a PEG ratio of 1.12 and a beta of 0.38. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $9.87 and a 52 week high of $16.24.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Monday, August 4th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 9.35% and a net margin of 13.95%.The company had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $9.86 billion. Equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Analyst Ratings Changes

MUFG has been the topic of a number of analyst reports. Zacks Research upgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 26th. Wall Street Zen upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Mitsubishi UFJ Financial Group presently has an average rating of “Buy”.

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.