Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 98.7% during the 3rd quarter, Holdings Channel reports. The fund owned 125,734 shares of the company’s stock after acquiring an additional 62,449 shares during the quarter. Blue Trust Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,358,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Norden Group LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at approximately $2,219,000. Diversify Advisory Services LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the first quarter worth $941,000. Capital Wealth Planning LLC increased its holdings in Mitsubishi UFJ Financial Group by 25.7% in the first quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock valued at $4,648,000 after buying an additional 92,848 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in Mitsubishi UFJ Financial Group by 23.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company’s stock valued at $6,780,000 after buying an additional 125,467 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in Mitsubishi UFJ Financial Group by 17.7% in the second quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock valued at $10,537,000 after buying an additional 146,904 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 1.4 %

NYSE:MUFG opened at $10.99 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $7.89 and a 1 year high of $11.72. The stock has a market cap of $128.87 billion, a P/E ratio of 12.63, a P/E/G ratio of 0.95 and a beta of 0.59. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92. The stock has a 50-day simple moving average of $10.36 and a 200-day simple moving average of $10.37.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. The firm had revenue of $22.61 billion during the quarter. As a group, analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.95 earnings per share for the current fiscal year.

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.