Mitsubishi UFJ Financial Group, Inc. $MUFG Holdings Boosted by Callan Family Office LLC

Callan Family Office LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 270.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 274,646 shares of the company’s stock after purchasing an additional 200,416 shares during the period. Callan Family Office LLC’s holdings in Mitsubishi UFJ Financial Group were worth $3,768,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. grew its position in Mitsubishi UFJ Financial Group by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,652,332 shares of the company’s stock worth $172,451,000 after purchasing an additional 288,583 shares in the last quarter. Northern Trust Corp grew its holdings in shares of Mitsubishi UFJ Financial Group by 8.4% during the 1st quarter. Northern Trust Corp now owns 11,407,268 shares of the company’s stock valued at $155,481,000 after acquiring an additional 885,189 shares in the last quarter. Natixis Advisors LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 9.2% during the 1st quarter. Natixis Advisors LLC now owns 10,756,565 shares of the company’s stock valued at $146,612,000 after acquiring an additional 905,674 shares in the last quarter. Chevy Chase Trust Holdings LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 4.2% during the 1st quarter. Chevy Chase Trust Holdings LLC now owns 6,197,764 shares of the company’s stock valued at $84,476,000 after acquiring an additional 247,508 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 0.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,820,099 shares of the company’s stock valued at $65,698,000 after acquiring an additional 13,167 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on MUFG shares. Zacks Research upgraded shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 26th. Weiss Ratings restated a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a report on Wednesday. Finally, Wall Street Zen upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Trading Down 4.6%

Shares of NYSE:MUFG opened at $14.64 on Friday. The stock has a market capitalization of $176.61 billion, a PE ratio of 13.55, a P/E/G ratio of 1.12 and a beta of 0.38. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $10.15 and a 1 year high of $16.24. The firm has a fifty day moving average price of $15.36 and a 200 day moving average price of $13.92. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.86.

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

Mitsubishi UFJ Financial Group Company 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.