Raymond James Financial Services Advisors Inc. Has $199,000 Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Raymond James Financial Services Advisors Inc. grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 34.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 23,114 shares of the company’s stock after acquiring an additional 5,882 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $199,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Boston Common Asset Management LLC lifted its holdings 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 purchasing an additional 389,742 shares during the last quarter. FMR LLC lifted 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 purchasing an additional 188,668 shares during the last quarter. Natixis Advisors L.P. lifted 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 purchasing an additional 773,830 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Mitsubishi UFJ Financial Group by 28.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,664,275 shares of the company’s stock worth $31,110,000 after purchasing an additional 806,728 shares during the last quarter. Finally, QRG Capital Management Inc. acquired a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $4,545,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG opened at $10.08 on Thursday. The stock has a market capitalization of $124.30 billion, a PE ratio of 8.13, a P/E/G ratio of 0.91 and a beta of 0.61. The business has a fifty day moving average price of $10.17 and a two-hundred day moving average price of $9.19. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm 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, equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS 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.