Campbell & CO Investment Adviser LLC Takes $953,000 Position in Mitsubishi UFJ Financial Group, Inc. $MUFG

Campbell & CO Investment Adviser LLC purchased a new position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 59,811 shares of the company’s stock, valued at approximately $953,000.

A number of other hedge funds also recently bought and sold shares of the company. Fisher Asset Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 17.4% in the second quarter. Fisher Asset Management LLC now owns 89,513,174 shares of the company’s stock worth $1,228,121,000 after acquiring an additional 13,275,383 shares in the last quarter. SCS Capital Management LLC grew its position in Mitsubishi UFJ Financial Group by 482.0% during the 2nd quarter. SCS Capital Management LLC now owns 1,107,229 shares of the company’s stock worth $15,191,000 after purchasing an additional 916,992 shares in the last quarter. Westfield Capital Management Co. LP acquired a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter valued at $8,369,000. Massar Capital Management LP purchased a new stake in shares of Mitsubishi UFJ Financial Group in the second quarter valued at $8,129,000. Finally, ABN Amro Investment Solutions acquired a new stake in shares of Mitsubishi UFJ Financial Group in the second quarter worth $6,201,000. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Up 1.4%

MUFG opened at $18.90 on Tuesday. The firm has a market cap of $224.30 billion, a P/E ratio of 16.88, a price-to-earnings-growth ratio of 1.40 and a beta of 0.35. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.89 and a current ratio of 0.85. The business has a 50 day moving average price of $16.12 and a 200 day moving average price of $15.36. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $10.46 and a twelve month high of $18.90.

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

Analyst Ratings Changes

Several brokerages recently issued reports on MUFG. Zacks Research downgraded Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Mitsubishi UFJ Financial Group Company Profile

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.