Simplicity Solutions LLC Purchases 2,253 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Simplicity Solutions LLC increased its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 3.9% during the 4th quarter, Holdings Channel reports. The fund owned 59,497 shares of the company’s stock after buying an additional 2,253 shares during the quarter. Simplicity Solutions LLC’s holdings in Mitsubishi UFJ Financial Group were worth $512,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Boston Common Asset Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 3,036.1% during the 4th quarter. Boston Common Asset Management LLC now owns 402,579 shares of the company’s stock worth $3,466,000 after acquiring an additional 389,742 shares during the last quarter. Augustine Asset Management Inc. raised its holdings in Mitsubishi UFJ Financial Group by 310.1% during the 4th quarter. Augustine Asset Management Inc. now owns 236,727 shares of the company’s stock worth $2,038,000 after buying an additional 178,998 shares during the period. Ritholtz Wealth Management raised its holdings in Mitsubishi UFJ Financial Group by 10.9% during the 4th quarter. Ritholtz Wealth Management now owns 129,014 shares of the company’s stock worth $1,111,000 after buying an additional 12,702 shares during the period. FMR LLC raised its holdings in Mitsubishi UFJ Financial Group by 4.4% during the 3rd quarter. FMR LLC now owns 4,477,626 shares of the company’s stock worth $38,015,000 after buying an additional 188,668 shares during the period. Finally, Natixis Advisors L.P. raised its holdings in Mitsubishi UFJ Financial Group by 7.5% during the 3rd quarter. Natixis Advisors L.P. now owns 11,060,016 shares of the company’s stock worth $93,900,000 after buying an additional 773,830 shares during the period. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $9.78 on Friday. The company has a market capitalization of $120.66 billion, a P/E ratio of 7.89, a price-to-earnings-growth ratio of 0.89 and a beta of 0.61. The company’s 50 day moving average price is $10.12 and its two-hundred day moving average price is $9.14. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $5.99 and a 52 week high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced 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%. Analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current year.

Mitsubishi UFJ Financial Group Company 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.