Mitsubishi UFJ Financial Group, Inc. $MUFG Position Increased by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV grew its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 157.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 135,740 shares of the company’s stock after buying an additional 82,980 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Mitsubishi UFJ Financial Group were worth $2,304,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 2.0% during the fourth quarter. Fisher Asset Management LLC now owns 93,276,119 shares of the company’s stock valued at $1,479,359,000 after acquiring an additional 1,789,620 shares during the period. Goldman Sachs Group Inc. boosted its stake in Mitsubishi UFJ Financial Group by 0.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 14,011,482 shares of the company’s stock worth $222,222,000 after purchasing an additional 104,327 shares during the period. Natixis Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 14.9% in the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company’s stock worth $211,061,000 after purchasing an additional 1,718,759 shares during the period. Northern Trust Corp grew its position in Mitsubishi UFJ Financial Group by 1.9% during the 3rd quarter. Northern Trust Corp now owns 11,397,833 shares of the company’s stock worth $181,681,000 after purchasing an additional 211,265 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in Mitsubishi UFJ Financial Group by 20.0% during the 4th quarter. Clearbridge Investments LLC now owns 6,730,203 shares of the company’s stock worth $106,741,000 after purchasing an additional 1,121,241 shares in the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG opened at $21.11 on Monday. The stock has a market cap of $250.47 billion, a PE ratio of 14.97, a price-to-earnings-growth ratio of 0.86 and a beta of 0.40. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $13.19 and a fifty-two week high of $21.18. The stock’s 50-day moving average is $18.88 and its two-hundred day moving average is $17.88.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Saturday, May 16th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.13. The business had revenue of $15.36 billion during the quarter, compared to analyst estimates of $9.34 billion. Mitsubishi UFJ Financial Group had a net margin of 16.65% and a return on equity of 11.07%. On average, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.41 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.