Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Acquired by Evergreen Capital Management LLC

Evergreen Capital Management LLC boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 36.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 158,379 shares of the company’s stock after buying an additional 42,548 shares during the period. Evergreen Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,525,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 43.8% in the first quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock valued at $4,565,000 after acquiring an additional 101,930 shares in the last quarter. Focus Partners Wealth lifted its position in Mitsubishi UFJ Financial Group by 14.8% in the first quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock worth $218,000 after purchasing an additional 2,058 shares during the period. Geneos Wealth Management Inc. boosted its stake in Mitsubishi UFJ Financial Group by 245.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock valued at $65,000 after purchasing an additional 3,403 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 104.1% during the 1st quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock valued at $571,000 after purchasing an additional 21,379 shares during the period. Finally, Sivia Capital Partners LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 68.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock worth $483,000 after buying an additional 14,347 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MUFG has been the subject of several research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, October 8th. Zacks Research lowered shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Mitsubishi UFJ Financial Group Price Performance

MUFG stock opened at $18.90 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.89 and a debt-to-equity ratio of 1.39. Mitsubishi UFJ Financial Group, Inc. has a one year low of $10.46 and a one year high of $18.90. The firm has a market capitalization of $224.30 billion, a PE ratio of 16.88, a P/E/G ratio of 1.42 and a beta of 0.35. The firm has a 50-day moving average of $16.05 and a two-hundred day moving average of $15.32.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Monday, December 29th. The company reported $0.35 earnings per share for the quarter. Mitsubishi UFJ Financial Group had a net margin of 13.98% and a return on equity of 9.39%. The business had revenue of $9.78 billion for the quarter. On average, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.