Stratos Wealth Partners LTD. Buys 1,192 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Stratos Wealth Partners LTD. increased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 7.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,700 shares of the company’s stock after acquiring an additional 1,192 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Mitsubishi UFJ Financial Group were worth $196,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Eagle Bay Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 9.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after purchasing an additional 858 shares during the last quarter. Franklin Resources Inc. boosted its stake in Mitsubishi UFJ Financial Group by 1.9% during the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock valued at $526,000 after buying an additional 938 shares during the last quarter. Abel Hall LLC boosted its stake in Mitsubishi UFJ Financial Group by 4.9% during the third quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock valued at $208,000 after buying an additional 949 shares during the last quarter. OLD National Bancorp IN increased its stake in Mitsubishi UFJ Financial Group by 5.1% in the 4th quarter. OLD National Bancorp IN now owns 19,841 shares of the company’s stock worth $233,000 after acquiring an additional 955 shares during the last quarter. Finally, Waldron Private Wealth LLC increased its stake in Mitsubishi UFJ Financial Group by 9.0% in the 3rd quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company’s stock worth $120,000 after acquiring an additional 968 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE:MUFG opened at $12.82 on Friday. The firm has a fifty day simple moving average of $12.08 and a two-hundred day simple moving average of $11.17. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $12.96. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $154.65 billion, a P/E ratio of 11.76, a PEG ratio of 1.13 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. On average, analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.