XY Capital Ltd Buys 360,670 Shares of Mitsubishi UFJ Financial Group, Inc. $MUFG

XY Capital Ltd increased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 710.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 411,425 shares of the company’s stock after purchasing an additional 360,670 shares during the quarter. Mitsubishi UFJ Financial Group comprises about 6.9% of XY Capital Ltd’s portfolio, making the stock its 2nd biggest position. XY Capital Ltd’s holdings in Mitsubishi UFJ Financial Group were worth $6,982,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Fulcrum Wealth Advisors LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at about $3,048,000. Moran Wealth Management LLC lifted its position in Mitsubishi UFJ Financial Group by 37.6% during the 4th quarter. Moran Wealth Management LLC now owns 486,468 shares of the company’s stock valued at $7,715,000 after purchasing an additional 132,841 shares during the period. UBS Group AG boosted its stake in shares of Mitsubishi UFJ Financial Group by 48.9% in the 4th quarter. UBS Group AG now owns 2,350,819 shares of the company’s stock valued at $37,284,000 after purchasing an additional 772,272 shares during the last quarter. Tudor Investment Corp ET AL grew its position in shares of Mitsubishi UFJ Financial Group by 834.1% during the 3rd quarter. Tudor Investment Corp ET AL now owns 534,118 shares of the company’s stock worth $8,514,000 after buying an additional 476,941 shares during the period. Finally, JCIC Asset Management Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth approximately $2,833,000. Institutional investors own 13.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Weiss Ratings cut shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Mitsubishi UFJ Financial Group started coverage on Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They issued a “buy” rating on the stock. Finally, Erste Group Bank began coverage on shares of Mitsubishi UFJ Financial Group in a research report on Thursday, June 25th. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG opened at $22.14 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.75. The business’s 50 day moving average price is $20.24 and its two-hundred day moving average price is $18.68. The company has a market cap of $262.69 billion, a PE ratio of 15.70, a price-to-earnings-growth ratio of 1.03 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $13.56 and a twelve month high of $22.83.

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.