Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Ballast Advisors LLC

Ballast Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 63,069 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Ballast Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 120.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 34,695 shares of the company’s stock worth $407,000 after buying an additional 18,954 shares during the last quarter. Whittier Trust Co. increased its position 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 acquiring an additional 52,006 shares in the last quarter. Signaturefd LLC raised its holdings in Mitsubishi UFJ Financial Group by 4.8% during the 4th quarter. Signaturefd LLC now owns 265,563 shares of the company’s stock worth $3,112,000 after purchasing an additional 12,154 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 5.7% during the 4th quarter. Parallel Advisors LLC now owns 46,460 shares of the company’s stock worth $545,000 after buying an additional 2,521 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 5.0% in the fourth quarter. Corient Private Wealth LLC now owns 120,358 shares of the company’s stock worth $1,411,000 after acquiring an additional 5,783 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 0.2 %

MUFG opened at $14.33 on Friday. The company’s 50 day moving average is $12.75 and its 200-day moving average is $11.67. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $15.05. The company has a market cap of $172.98 billion, a P/E ratio of 13.15, a PEG ratio of 1.16 and a beta of 0.60. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06.

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

Wall Street Analysts Forecast Growth

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

About Mitsubishi UFJ Financial Group

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.