GAMMA Investing LLC Grows Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

GAMMA Investing LLC boosted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 15.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 28,269 shares of the company’s stock after acquiring an additional 3,866 shares during the period. GAMMA Investing LLC’s holdings in Mitsubishi UFJ Financial Group were worth $288,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Fisher Asset Management LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $57,954,000. Chevy Chase Trust Holdings LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 602.7% during the 1st quarter. Chevy Chase Trust Holdings LLC now owns 5,661,392 shares of the company’s stock worth $57,916,000 after acquiring an additional 4,855,722 shares in the last quarter. Thornburg Investment Management Inc. boosted its position in shares of Mitsubishi UFJ Financial Group by 154.2% during the 2nd quarter. Thornburg Investment Management Inc. now owns 1,105,928 shares of the company’s stock valued at $12,041,000 after acquiring an additional 670,787 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its holdings in shares of Mitsubishi UFJ Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company’s stock valued at $23,960,000 after purchasing an additional 405,000 shares in the last quarter. Finally, Herr Investment Group LLC increased its position in Mitsubishi UFJ Financial Group by 38.6% in the first quarter. Herr Investment Group LLC now owns 1,410,464 shares of the company’s stock worth $14,429,000 after purchasing an additional 393,000 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock opened at $10.33 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $7.89 and a 52-week high of $11.72. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. The firm’s fifty day moving average is $10.23 and its 200 day moving average is $10.34. The company has a market cap of $121.07 billion, a price-to-earnings ratio of 11.84, a PEG ratio of 0.94 and a beta of 0.59.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results 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 during the quarter. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. Sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.98 EPS 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.