Cerity Partners LLC Buys 49,217 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cerity Partners LLC raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 21.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 276,483 shares of the company’s stock after acquiring an additional 49,217 shares during the period. Cerity Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,381,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Greenleaf Trust increased its holdings in shares of Mitsubishi UFJ Financial Group by 0.9% in the third quarter. Greenleaf Trust now owns 148,666 shares of the company’s stock worth $1,262,000 after purchasing an additional 1,278 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Mitsubishi UFJ Financial Group by 3.6% during the 3rd 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 stake in Mitsubishi UFJ Financial Group by 11.8% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 14,412 shares of the company’s stock worth $122,000 after acquiring an additional 1,524 shares during the last quarter. Highland Capital Management LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 1.5% during the 4th quarter. Highland Capital Management LLC now owns 106,900 shares of the company’s stock worth $920,000 after acquiring an additional 1,600 shares in the last quarter. Finally, Principal Street Partners LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 6.9% during the 4th quarter. Principal Street Partners LLC now owns 25,182 shares of the company’s stock valued at $168,000 after acquiring an additional 1,617 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

MUFG stock opened at $9.78 on Friday. The firm has a fifty day moving average price of $10.12 and a 200 day moving average price of $9.14. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $11.22. The firm has a market cap of $120.66 billion, a PE ratio of 7.89, a price-to-earnings-growth ratio of 0.89 and a beta of 0.61.

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