Allspring Global Investments Holdings LLC Purchases 4,224 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Allspring Global Investments Holdings LLC raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 38.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 15,095 shares of the company’s stock after purchasing an additional 4,224 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Mitsubishi UFJ Financial Group were worth $130,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Addison Advisors LLC raised its stake in Mitsubishi UFJ Financial Group by 254.7% during the third quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after buying an additional 2,583 shares during the last quarter. Hexagon Capital Partners LLC boosted its position in Mitsubishi UFJ Financial Group by 114.6% during the third quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock valued at $39,000 after acquiring an additional 2,437 shares during the last quarter. Allworth Financial LP grew its holdings in Mitsubishi UFJ Financial Group by 51.6% during the 3rd quarter. Allworth Financial LP now owns 7,793 shares of the company’s stock worth $66,000 after acquiring an additional 2,654 shares during the period. Barclays PLC raised its position in shares of Mitsubishi UFJ Financial Group by 999,900.0% in the 3rd quarter. Barclays PLC now owns 10,000 shares of the company’s stock worth $85,000 after acquiring an additional 9,999 shares in the last quarter. Finally, TIAA Trust National Association acquired a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter valued at about $87,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $9.91 on Monday. The firm has a market cap of $122.27 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 0.90 and a beta of 0.61. The stock’s 50-day moving average is $10.19 and its 200 day moving average is $9.22. Mitsubishi UFJ Financial Group, Inc. has a one year low of $5.99 and a one year high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The firm had revenue of $19.25 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. On average, sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current fiscal 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.