Abel Hall LLC Makes New $150,000 Investment in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Abel Hall LLC purchased a new position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 17,394 shares of the company’s stock, valued at approximately $150,000.

A number of other institutional investors have also bought and sold shares of the business. FFT Wealth Management LLC increased its stake in Mitsubishi UFJ Financial Group by 6.1% in the 4th quarter. FFT Wealth Management LLC now owns 20,946 shares of the company’s stock worth $180,000 after buying an additional 1,195 shares in the last quarter. Angeles Investment Advisors LLC increased its stake in Mitsubishi UFJ Financial Group by 3.7% in the 4th quarter. Angeles Investment Advisors LLC now owns 36,072 shares of the company’s stock worth $311,000 after buying an additional 1,272 shares in the last quarter. Keel Point LLC increased its stake in Mitsubishi UFJ Financial Group by 5.1% in the 4th quarter. Keel Point LLC now owns 26,657 shares of the company’s stock worth $230,000 after buying an additional 1,299 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Mitsubishi UFJ Financial Group by 3.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 40,851 shares of the company’s stock worth $347,000 after buying an additional 1,431 shares in the last quarter. Finally, Highland Capital Management LLC increased its stake in Mitsubishi UFJ Financial Group by 1.5% in the 4th quarter. Highland Capital Management LLC now owns 106,900 shares of the company’s stock worth $920,000 after buying an additional 1,600 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG traded down $0.11 during midday trading on Friday, hitting $10.02. 1,447,351 shares of the company traded hands, compared to its average volume of 1,926,763. The firm has a 50 day moving average of $10.16 and a 200-day moving average of $9.66. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $6.85 and a 52 week high of $11.22. The stock has a market cap of $123.62 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 0.96 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Wednesday, May 15th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. The business had revenue of $22.78 billion during the quarter. Sell-side analysts predict 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.