Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 49.6% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 67,062 shares of the company’s stock after purchasing an additional 22,230 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $724,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rise Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group during the first quarter valued at $27,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 133.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company’s stock valued at $31,000 after buying an additional 2,082 shares during the period. Principal Securities Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at about $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in Mitsubishi UFJ Financial Group during the first quarter worth about $39,000. Finally, Addison Advisors LLC lifted its holdings in Mitsubishi UFJ Financial Group by 123.4% in the second quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock worth $50,000 after acquiring an additional 2,546 shares during the last quarter. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Up 1.1 %

NYSE:MUFG opened at $10.44 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25. The stock has a 50 day moving average of $10.49 and a 200-day moving average of $10.37. The firm has a market capitalization of $122.42 billion, a PE ratio of 12.00, a price-to-earnings-growth ratio of 0.88 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $7.89 and a 52 week high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The firm had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current 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.