SVB Wealth LLC Boosts Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

SVB Wealth LLC lifted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 6.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 35,702 shares of the company’s stock after buying an additional 2,233 shares during the quarter. SVB Wealth LLC’s holdings in Mitsubishi UFJ Financial Group were worth $307,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its stake in Mitsubishi UFJ Financial Group by 14.5% during the 2nd quarter. Goldman Sachs Group Inc. now owns 11,477,165 shares of the company’s stock worth $84,587,000 after purchasing an additional 1,451,108 shares in the last quarter. Natixis Advisors L.P. grew its stake 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 purchasing an additional 773,830 shares in the last quarter. BlackRock Inc. grew its stake in Mitsubishi UFJ Financial Group by 6.4% during the 2nd quarter. BlackRock Inc. now owns 5,966,027 shares of the company’s stock worth $43,970,000 after purchasing an additional 357,659 shares in the last quarter. FMR LLC grew its stake 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 purchasing an additional 188,668 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in Mitsubishi UFJ Financial Group by 1,929.8% during the 4th quarter. Jane Street Group LLC now owns 4,140,729 shares of the company’s stock worth $27,619,000 after purchasing an additional 3,936,735 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

MUFG opened at $9.81 on Monday. The business has a fifty day moving average price of $10.13 and a 200 day moving average price of $9.16. The stock has a market capitalization of $121.03 billion, a price-to-earnings ratio of 7.91, a PEG ratio of 0.89 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $5.99 and a 12 month high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. The business had revenue of $19.25 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. On average, research 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.