3,000 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,000 shares of the company’s stock, valued at approximately $41,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financial Management Professionals Inc. grew its position in Mitsubishi UFJ Financial Group by 116.7% in the first quarter. Financial Management Professionals Inc. now owns 3,257 shares of the company’s stock valued at $44,000 after acquiring an additional 1,754 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in Mitsubishi UFJ Financial Group in the first quarter valued at approximately $87,000. Cary Street Partners Financial LLC acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $98,000. May Hill Capital LLC acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $121,000. Finally, AXA S.A. grew its position in Mitsubishi UFJ Financial Group by 34.6% in the fourth quarter. AXA S.A. now owns 12,032 shares of the company’s stock valued at $141,000 after acquiring an additional 3,092 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 1.0%

Shares of Mitsubishi UFJ Financial Group stock opened at $13.29 on Friday. The stock has a 50-day simple moving average of $13.63 and a 200-day simple moving average of $12.94. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market cap of $160.38 billion, a price-to-earnings ratio of 12.66, a P/E/G ratio of 0.88 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Thursday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.03 by $0.10. The company had revenue of $22.91 billion for the quarter, compared to analysts’ expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.45% and a net margin of 13.70%. On average, equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.