Highland Capital Management LLC Acquires 1,600 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Highland Capital Management LLC grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.5% during the 4th quarter, HoldingsChannel reports. The firm owned 106,900 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. Highland Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $920,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Addison Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 254.7% during the 3rd quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after acquiring an additional 2,583 shares during the last quarter. Hexagon Capital Partners LLC grew its position in Mitsubishi UFJ Financial Group by 114.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock worth $39,000 after acquiring an additional 2,437 shares during the last quarter. Bessemer Group Inc. bought a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth $47,000. Eagle Bay Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth $36,000. Finally, Allworth Financial LP grew its position in Mitsubishi UFJ Financial Group by 51.6% during the 3rd quarter. Allworth Financial LP now owns 7,793 shares of the company’s stock worth $66,000 after acquiring an additional 2,654 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Down 1.1 %

Shares of MUFG stock opened at $10.31 on Thursday. The firm has a market capitalization of $127.14 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.00 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $5.99 and a twelve month high of $11.22. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.57. The stock’s fifty day simple moving average is $9.84 and its 200 day simple moving average is $8.99.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The business had revenue of $19.25 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. As a group, sell-side analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.