Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Stock Position Raised by Federated Hermes Inc.

Federated Hermes Inc. boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 8,010.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 466,601 shares of the company’s stock after purchasing an additional 460,848 shares during the period. Federated Hermes Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $4,017,000 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 MUFG. SVB Wealth LLC grew its stake in Mitsubishi UFJ Financial Group by 6.7% during the 4th quarter. SVB Wealth LLC now owns 35,702 shares of the company’s stock valued at $307,000 after acquiring an additional 2,233 shares in the last quarter. Keel Point LLC grew its position in Mitsubishi UFJ Financial Group by 5.1% during the fourth quarter. Keel Point LLC now owns 26,657 shares of the company’s stock valued at $230,000 after purchasing an additional 1,299 shares in the last quarter. Waldron Private Wealth LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $91,000. Simplicity Solutions LLC increased its stake in Mitsubishi UFJ Financial Group by 3.9% in the 4th quarter. Simplicity Solutions LLC now owns 59,497 shares of the company’s stock valued at $512,000 after buying an additional 2,253 shares during the period. Finally, Clarius Group LLC lifted its position in Mitsubishi UFJ Financial Group by 13.2% in the 4th quarter. Clarius Group LLC now owns 46,891 shares of the company’s stock worth $404,000 after buying an additional 5,472 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Down 1.5 %

Shares of NYSE:MUFG opened at $9.91 on Friday. The firm has a fifty day moving average of $10.19 and a two-hundred day moving average of $9.21. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $5.99 and a 12-month high of $11.22. The firm has a market capitalization of $122.21 billion, a P/E ratio of 7.99, a price-to-earnings-growth ratio of 0.92 and a beta of 0.61.

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

About Mitsubishi UFJ Financial Group

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.