Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Acquired by Compound Planning Inc.

Compound Planning Inc. increased its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 21.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 152,843 shares of the company’s stock after purchasing an additional 27,223 shares during the period. Compound Planning Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $2,436,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 17.4% during the 2nd quarter. Fisher Asset Management LLC now owns 89,513,174 shares of the company’s stock worth $1,228,121,000 after buying an additional 13,275,383 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Mitsubishi UFJ Financial Group by 180.1% during the third quarter. JPMorgan Chase & Co. now owns 2,162,410 shares of the company’s stock worth $34,469,000 after acquiring an additional 1,390,497 shares during the period. SCS Capital Management LLC raised its position in Mitsubishi UFJ Financial Group by 482.0% in the second quarter. SCS Capital Management LLC now owns 1,107,229 shares of the company’s stock worth $15,191,000 after acquiring an additional 916,992 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in Mitsubishi UFJ Financial Group in the second quarter worth $8,369,000. Finally, Massar Capital Management LP acquired a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at $8,129,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 1.7%

Shares of NYSE MUFG opened at $18.72 on Wednesday. The firm’s 50-day moving average is $17.71 and its two-hundred day moving average is $16.25. The company has a market capitalization of $222.12 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.43 and a beta of 0.35. 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 debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.89.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. UBS Group raised shares of Mitsubishi UFJ Financial Group to a “strong-buy” rating in a report on Thursday, January 22nd. Finally, 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. One equities 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. Based on data from MarketBeat.com, the stock currently has an average 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.