Sequoia Financial Advisors LLC Grows Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Sequoia Financial Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 23.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,682 shares of the company’s stock after purchasing an additional 10,935 shares during the period. Sequoia Financial Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Greenleaf Trust increased its holdings in Mitsubishi UFJ Financial Group by 0.9% in the third quarter. Greenleaf Trust now owns 148,666 shares of the company’s stock valued at $1,262,000 after buying an additional 1,278 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in Mitsubishi UFJ Financial Group by 3.6% in the third quarter. Advisors Asset Management Inc. now owns 40,851 shares of the company’s stock valued at $347,000 after buying an additional 1,431 shares in the last quarter. Stratos Wealth Partners LTD. increased its holdings in Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Stratos Wealth Partners LTD. now owns 14,412 shares of the company’s stock valued at $122,000 after buying an additional 1,524 shares in the last quarter. Highland Capital Management LLC increased its holdings 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 in the last quarter. Finally, Principal Street Partners LLC increased its holdings in Mitsubishi UFJ Financial Group by 6.9% in the fourth quarter. Principal Street Partners LLC now owns 25,182 shares of the company’s stock valued at $168,000 after buying an additional 1,617 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Performance

MUFG opened at $9.77 on Wednesday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $11.22. The company has a fifty day moving average of $10.11 and a two-hundred day moving average of $9.13. The stock has a market capitalization of $120.54 billion, a price-to-earnings ratio of 7.88, a PEG ratio of 0.91 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. The company had revenue of $19.25 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. On average, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current 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.