Edge Capital Group LLC Acquires 28,592 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Edge Capital Group LLC boosted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 3.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 869,248 shares of the company’s stock after buying an additional 28,592 shares during the period. Edge Capital Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $9,388,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Securities Inc. bought a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth $32,000. BNP Paribas Financial Markets boosted its stake in Mitsubishi UFJ Financial Group by 48.3% during the 4th quarter. BNP Paribas Financial Markets now owns 155,939 shares of the company’s stock worth $1,343,000 after acquiring an additional 50,758 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Mitsubishi UFJ Financial Group by 0.9% during the fourth 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 period. Janney Montgomery Scott LLC increased its stake in Mitsubishi UFJ Financial Group by 6.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 96,237 shares of the company’s stock valued at $828,000 after purchasing an additional 6,001 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 28.1% in the fourth quarter. Beacon Pointe Advisors LLC now owns 14,926 shares of the company’s stock worth $129,000 after purchasing an additional 3,276 shares during the period. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG stock opened at $10.44 on Friday. The firm has a market capitalization of $122.42 billion, a price-to-earnings 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 12-month low of $7.89 and a 12-month high of $11.72. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. The firm has a fifty day moving average of $10.49 and a 200-day moving average of $10.37.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. The company had revenue of $22.61 billion for the quarter. On average, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share 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.