Hexagon Capital Partners LLC Purchases 1,481 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Hexagon Capital Partners LLC raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 29.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,570 shares of the company’s stock after acquiring an additional 1,481 shares during the quarter. Hexagon Capital Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $67,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of MUFG. Natixis Advisors L.P. increased its position in Mitsubishi UFJ Financial Group by 6.6% during the fourth quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company’s stock worth $101,493,000 after buying an additional 727,837 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group by 1.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 11,508,806 shares of the company’s stock worth $99,091,000 after acquiring an additional 115,364 shares during the last quarter. Fisher Asset Management LLC bought a new stake in Mitsubishi UFJ Financial Group in the 4th quarter valued at $57,968,000. Dimensional Fund Advisors LP lifted its holdings in Mitsubishi UFJ Financial Group by 0.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,873,087 shares of the company’s stock valued at $50,567,000 after purchasing an additional 53,757 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its position in Mitsubishi UFJ Financial Group by 42.8% during the fourth quarter. Brandes Investment Partners LP now owns 2,410,931 shares of the company’s stock worth $20,758,000 after purchasing an additional 722,644 shares during the period. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $10.90 on Tuesday. The company’s 50-day moving average is $10.18 and its 200-day moving average is $9.78. The firm has a market capitalization of $127.82 billion, a PE ratio of 12.53, a PEG ratio of 1.03 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.32 and a fifty-two week high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. The firm had revenue of $22.78 billion for the quarter. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.