Caprock Group LLC Acquires Shares of 154,831 Mitsubishi UFJ Financial Group, Inc. $MUFG

Caprock Group LLC acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 154,831 shares of the company’s stock, valued at approximately $2,367,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. raised its holdings in Mitsubishi UFJ Financial Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,846 shares of the company’s stock valued at $29,000 after acquiring an additional 923 shares during the period. True Wealth Design LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the third quarter worth approximately $49,000. NewSquare Capital LLC lifted its holdings in Mitsubishi UFJ Financial Group by 162.6% during the 2nd quarter. NewSquare Capital LLC now owns 3,723 shares of the company’s stock worth $51,000 after purchasing an additional 2,305 shares during the last quarter. CWM LLC lifted its holdings in Mitsubishi UFJ Financial Group by 188.9% during the 3rd quarter. CWM LLC now owns 3,504 shares of the company’s stock worth $56,000 after purchasing an additional 2,291 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group in the 2nd quarter valued at $59,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Down 0.1%

Shares of Mitsubishi UFJ Financial Group stock opened at $19.60 on Friday. The company has a quick ratio of 0.89, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $10.46 and a 12-month high of $20.15. The company has a market capitalization of $232.55 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 1.48 and a beta of 0.35. The firm’s 50-day moving average price is $17.18 and its two-hundred day moving average price is $15.93.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Wednesday, February 4th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The company had revenue of ($1,075.42) million during the quarter, compared to analysts’ expectations of $9.30 billion. Mitsubishi UFJ Financial Group had a net margin of 13.87% and a return on equity of 9.58%. On average, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have weighed in on MUFG. Zacks Research cut Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Finally, UBS Group upgraded shares of Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Mitsubishi UFJ Financial Group presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group 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.