Whittier Trust Co. of Nevada Inc. Has $407,000 Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Whittier Trust Co. of Nevada Inc. boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 120.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 34,695 shares of the company’s stock after purchasing an additional 18,954 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $407,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Whittier Trust Co. lifted its stake in Mitsubishi UFJ Financial Group by 50.5% in the 4th quarter. Whittier Trust Co. now owns 154,941 shares of the company’s stock valued at $1,816,000 after purchasing an additional 52,006 shares during the last quarter. Signaturefd LLC lifted its stake in Mitsubishi UFJ Financial Group by 4.8% in the 4th quarter. Signaturefd LLC now owns 265,563 shares of the company’s stock valued at $3,112,000 after purchasing an additional 12,154 shares during the last quarter. Parallel Advisors LLC lifted its stake in Mitsubishi UFJ Financial Group by 5.7% in the 4th quarter. Parallel Advisors LLC now owns 46,460 shares of the company’s stock valued at $545,000 after purchasing an additional 2,521 shares during the last quarter. Corient Private Wealth LLC lifted its stake in Mitsubishi UFJ Financial Group by 5.0% in the 4th quarter. Corient Private Wealth LLC now owns 120,358 shares of the company’s stock valued at $1,411,000 after purchasing an additional 5,783 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its stake in Mitsubishi UFJ Financial Group by 19.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 99,673 shares of the company’s stock valued at $1,168,000 after purchasing an additional 16,553 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Trading Up 4.5 %

Shares of MUFG stock opened at $14.97 on Friday. The firm has a 50 day moving average price of $12.82 and a two-hundred day moving average price of $11.71. 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 capitalization of $180.68 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. As a group, analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Mitsubishi UFJ Financial Group 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.