Truist Financial Corp Has $3.42 Million Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Truist Financial Corp lowered its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.3% in the fourth quarter, Holdings Channel reports. The firm owned 397,376 shares of the company’s stock after selling 5,347 shares during the period. Truist Financial Corp’s holdings in Mitsubishi UFJ Financial Group were worth $3,421,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 28.4% during the third quarter. Commonwealth Equity Services LLC now owns 67,297 shares of the company’s stock worth $571,000 after purchasing an additional 14,879 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in Mitsubishi UFJ Financial Group by 16.9% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 12,442 shares of the company’s stock worth $106,000 after buying an additional 1,802 shares during the period. Xponance Inc. bought a new position in Mitsubishi UFJ Financial Group during the third quarter worth about $96,000. Raymond James Financial Services Advisors Inc. grew its stake in Mitsubishi UFJ Financial Group by 15.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 17,232 shares of the company’s stock valued at $146,000 after acquiring an additional 2,362 shares during the period. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Mitsubishi UFJ Financial Group by 11.8% in the third 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 in the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

NYSE MUFG opened at $10.20 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a one year low of $6.27 and a one year high of $11.22. The firm has a market cap of $125.84 billion, a P/E ratio of 8.23, a P/E/G ratio of 0.92 and a beta of 0.62. The stock’s 50-day moving average is $10.21 and its 200-day moving average is $9.29.

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. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. The firm had revenue of $19.25 billion for the quarter. Equities analysts anticipate 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.