Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by US Bancorp DE

US Bancorp DE lifted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 23.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 330,576 shares of the company’s stock after buying an additional 62,887 shares during the period. US Bancorp DE’s holdings in Mitsubishi UFJ Financial Group were worth $3,874,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $29,000. Sierra Ocean LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $62,000. Venturi Wealth Management LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 72.8% during the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after buying an additional 2,229 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter worth about $55,000. Finally, Versant Capital Management Inc acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $71,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG opened at $13.04 on Thursday. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The company has a market cap of $157.30 billion, a P/E ratio of 11.96, a PEG ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $13.34. The company has a 50-day moving average price of $12.39 and a 200 day moving average price of $11.45.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.