Dynasty Wealth Management LLC Makes New $868,000 Investment in Mitsubishi UFJ Financial Group, Inc. $MUFG

Dynasty Wealth Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 54,445 shares of the company’s stock, valued at approximately $868,000.

A number of other hedge funds have also recently made changes to their positions in MUFG. Jackson Thornton Wealth Management LLC lifted its holdings in Mitsubishi UFJ Financial Group by 34.1% during the 3rd quarter. Jackson Thornton Wealth Management LLC now owns 15,015 shares of the company’s stock valued at $231,000 after buying an additional 3,817 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 18.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 26,067 shares of the company’s stock valued at $396,000 after acquiring an additional 4,121 shares in the last quarter. DMC Group LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 5.8% in the third quarter. DMC Group LLC now owns 43,245 shares of the company’s stock valued at $689,000 after purchasing an additional 2,359 shares during the period. Walkner Condon Financial Advisors LLC grew its stake in Mitsubishi UFJ Financial Group by 8.2% in the third quarter. Walkner Condon Financial Advisors LLC now owns 16,020 shares of the company’s stock worth $255,000 after purchasing an additional 1,210 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 9.8% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 58,034 shares of the company’s stock worth $925,000 after purchasing an additional 5,171 shares during the period. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Trading Down 3.3%

MUFG opened at $18.29 on Wednesday. The firm has a market cap of $217.00 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 1.40 and a beta of 0.35. 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 12 month low of $10.46 and a 12 month high of $18.90. The stock has a fifty day moving average price of $16.18 and a 200-day moving average price of $15.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Monday, December 29th. The company reported $0.35 earnings per share for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 9.39% and a net margin of 13.98%.The company had revenue of $9.78 billion for the quarter. As a group, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

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.