Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management grew its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGFree Report) by 10.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,014 shares of the company’s stock after acquiring an additional 12,702 shares during the quarter. Ritholtz Wealth Management’s holdings in Mitsubishi UFJ Financial Group were worth $1,111,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MUFG. Successful Portfolios LLC purchased a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $383,000. Procyon Advisors LLC boosted its position in Mitsubishi UFJ Financial Group by 18.7% in the fourth quarter. Procyon Advisors LLC now owns 33,939 shares of the company’s stock valued at $292,000 after buying an additional 5,356 shares during the last quarter. Highland Capital Management LLC boosted its position in Mitsubishi UFJ Financial Group by 1.5% in the fourth quarter. Highland Capital Management LLC now owns 106,900 shares of the company’s stock valued at $920,000 after buying an additional 1,600 shares during the last quarter. Aprio Wealth Management LLC boosted its position in Mitsubishi UFJ Financial Group by 23.0% in the fourth quarter. Aprio Wealth Management LLC now owns 15,804 shares of the company’s stock valued at $136,000 after buying an additional 2,954 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its position in Mitsubishi UFJ Financial Group by 34.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 23,114 shares of the company’s stock valued at $199,000 after buying an additional 5,882 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG opened at $10.23 on Friday. The business’s 50 day moving average price is $9.90 and its 200 day moving average price is $9.01. The firm has a market cap of $126.21 billion, a P/E ratio of 8.25, a P/E/G ratio of 0.98 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $5.99 and a 52 week 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.

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Free Report) last released its quarterly earnings data on Monday, February 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. The business had revenue of $19.25 billion for the quarter. On average, sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current year.

Mitsubishi UFJ Financial Group Profile

(Free Report)

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.

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

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