XY Capital Ltd Acquires New Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

XY Capital Ltd acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 20,883 shares of the company’s stock, valued at approximately $245,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Venturi Wealth Management LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after acquiring an additional 2,229 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Mitsubishi UFJ Financial Group in the third quarter valued at $55,000. Versant Capital Management Inc acquired a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at $71,000. Golden State Wealth Management LLC acquired a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at $111,000. Finally, Eagle Bay Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 9.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after acquiring an additional 858 shares in the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock opened at $12.53 on Monday. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.75 and a one year high of $12.96. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The business has a fifty day moving average of $12.06 and a two-hundred day moving average of $11.14. The company has a market cap of $151.15 billion, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 1.13 and a beta of 0.61.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

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.