KCG Holdings Inc. Increases Stake in Mitsubishi UFJ Financial Group Inc (NYSE:MTU)

KCG Holdings Inc. increased its position in Mitsubishi UFJ Financial Group Inc (NYSE:MTU) by 245.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 78,774 shares of the bank’s stock after buying an additional 55,979 shares during the period. KCG Holdings Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $499,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Capital One National Association boosted its position in Mitsubishi UFJ Financial Group by 84.3% in the first quarter. Capital One National Association now owns 60,045 shares of the bank’s stock worth $381,000 after buying an additional 27,469 shares during the period. Eqis Capital Management Inc. boosted its position in Mitsubishi UFJ Financial Group by 29.7% in the first quarter. Eqis Capital Management Inc. now owns 47,975 shares of the bank’s stock worth $304,000 after buying an additional 10,984 shares during the period. OLD National Bancorp IN boosted its position in Mitsubishi UFJ Financial Group by 40.7% in the first quarter. OLD National Bancorp IN now owns 102,616 shares of the bank’s stock worth $650,000 after buying an additional 29,680 shares during the period. Wright Investors Service Inc. boosted its position in Mitsubishi UFJ Financial Group by 73.4% in the first quarter. Wright Investors Service Inc. now owns 39,990 shares of the bank’s stock worth $254,000 after buying an additional 16,930 shares during the period. Finally, Greenleaf Trust bought a new position in Mitsubishi UFJ Financial Group during the first quarter worth approximately $476,000. 1.02% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Inc (NYSE MTU) traded down 1.09% during midday trading on Friday, hitting $6.34. The stock had a trading volume of 1,282,613 shares. The stock has a market cap of $85.35 billion, a P/E ratio of 48.40 and a beta of 1.61. Mitsubishi UFJ Financial Group Inc has a 52 week low of $4.60 and a 52 week high of $7.01. The company has a 50-day moving average price of $6.56 and a 200-day moving average price of $6.47.

Mitsubishi UFJ Financial Group (NYSE:MTU) last announced its quarterly earnings data on Monday, May 15th. The bank reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by $0.03. The business had revenue of $14.60 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 15.66% and a return on equity of 5.95%. Equities analysts expect that Mitsubishi UFJ Financial Group Inc will post $0.55 EPS for the current year.

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A number of research firms have commented on MTU. Zacks Investment Research raised shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “buy” rating and set a $7.50 price objective for the company in a research report on Tuesday, July 4th. BidaskClub raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $7.50.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.

Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MTU)

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