Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Beverly Hills Private Wealth LLC

Beverly Hills Private Wealth LLC increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 4.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,653 shares of the company’s stock after buying an additional 1,414 shares during the quarter. Beverly Hills Private Wealth LLC’s holdings in Mitsubishi UFJ Financial Group were worth $331,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Norden Group LLC purchased a new position in Mitsubishi UFJ Financial Group in the 1st quarter valued at about $2,219,000. Wells Fargo & Company MN grew its stake in Mitsubishi UFJ Financial Group by 6.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,731,206 shares of the company’s stock valued at $14,906,000 after purchasing an additional 108,026 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 1st quarter worth approximately $941,000. Capital Wealth Planning LLC increased its holdings in Mitsubishi UFJ Financial Group by 25.7% during the 1st quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock worth $4,648,000 after purchasing an additional 92,848 shares during the last quarter. Finally, Fisher Asset Management LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at approximately $57,954,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Up 0.6 %

MUFG stock opened at $10.37 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25. The firm has a 50 day simple moving average of $10.57 and a 200-day simple moving average of $10.37. The company has a market capitalization of $120.83 billion, a P/E ratio of 11.91, a PEG ratio of 0.88 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $7.89 and a twelve month high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The firm had revenue of $22.61 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.88 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.