LRI Investments LLC Invests $146,000 in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

LRI Investments LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 14,175 shares of the company’s stock, valued at approximately $146,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rise Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth about $27,000. EverSource Wealth Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group by 133.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company’s stock worth $31,000 after acquiring an additional 2,082 shares in the last quarter. Principal Securities Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth about $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth about $39,000. Finally, Addison Advisors LLC increased its position in Mitsubishi UFJ Financial Group by 44.8% during the fourth quarter. Addison Advisors LLC now owns 5,209 shares of the company’s stock worth $45,000 after buying an additional 1,612 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 11.2 %

MUFG opened at $9.82 on Friday. The firm has a market cap of $115.09 billion, a price-to-earnings ratio of 11.28, a price-to-earnings-growth ratio of 0.95 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $7.38 and a 52 week high of $11.72. The business’s 50 day moving average is $10.71 and its two-hundred day moving average is $10.20.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. The company had revenue of $22.78 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.45% and a net margin of 11.73%. Equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS 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.