Sequoia Financial Advisors LLC Purchases 10,935 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Sequoia Financial Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 23.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,682 shares of the company’s stock after acquiring an additional 10,935 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $497,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 38.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,095 shares of the company’s stock valued at $130,000 after purchasing an additional 4,224 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 3.9% during the fourth quarter. Bleakley Financial Group LLC now owns 59,497 shares of the company’s stock valued at $512,000 after purchasing an additional 2,253 shares during the last quarter. One Wealth Management Investment & Advisory Services LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $108,000. Stratos Wealth Partners LTD. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 117.1% during the fourth quarter. Stratos Wealth Partners LTD. now owns 31,285 shares of the company’s stock valued at $269,000 after purchasing an additional 16,873 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $247,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

MUFG stock opened at $9.77 on Wednesday. The firm has a 50 day moving average price of $10.11 and a 200-day moving average price of $9.13. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $5.99 and a 52-week high of $11.22. The firm has a market capitalization of $120.54 billion, a price-to-earnings ratio of 7.88, a PEG ratio of 0.91 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. The company had revenue of $19.25 billion during the quarter. As a group, sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.