Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Stake Increased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 117.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,285 shares of the company’s stock after purchasing an additional 16,873 shares during the period. Stratos Wealth Partners LTD.’s holdings in Mitsubishi UFJ Financial Group were worth $269,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Addison Advisors LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 254.7% during the third quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after acquiring an additional 2,583 shares in the last quarter. Hexagon Capital Partners LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 114.6% during the third 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 in the last quarter. Eagle Bay Advisors LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth $36,000. Allworth Financial LP raised its holdings in shares of Mitsubishi UFJ Financial Group by 51.6% during the third quarter. Allworth Financial LP now owns 7,793 shares of the company’s stock worth $66,000 after acquiring an additional 2,654 shares in the last quarter. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth $58,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock opened at $9.96 on Tuesday. The company has a market capitalization of $122.82 billion, a price-to-earnings ratio of 8.03, a PEG ratio of 0.91 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a one year low of $5.99 and a one year high of $11.22. The company’s fifty day moving average price is $10.10 and its two-hundred day moving average price is $9.12.

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

Mitsubishi UFJ Financial Group Profile

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.