Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Federated Hermes Inc.

Federated Hermes Inc. increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 17.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 975,661 shares of the company’s stock after buying an additional 146,904 shares during the period. Federated Hermes Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $10,537,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Natixis Advisors LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 3.2% in the second quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company’s stock valued at $130,248,000 after purchasing an additional 379,105 shares during the period. Goldman Sachs Group Inc. raised its position in Mitsubishi UFJ Financial Group by 1.0% in the fourth 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 in the last quarter. Fisher Asset Management LLC acquired a new stake in Mitsubishi UFJ Financial Group in the 4th quarter valued at about $57,954,000. Chevy Chase Trust Holdings LLC lifted its stake in Mitsubishi UFJ Financial Group by 3.8% during the second quarter. Chevy Chase Trust Holdings LLC now owns 5,879,191 shares of the company’s stock valued at $63,495,000 after purchasing an additional 217,799 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Mitsubishi UFJ Financial Group by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,873,087 shares of the company’s stock worth $50,567,000 after buying an additional 53,757 shares during the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Up 0.6 %

NYSE:MUFG opened at $10.44 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $7.89 and a 1-year high of $11.72. The firm has a market capitalization of $121.64 billion, a price-to-earnings ratio of 11.99, a price-to-earnings-growth ratio of 0.88 and a beta of 0.60. The stock has a fifty day simple moving average of $10.55 and a 200 day simple moving average of $10.37.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share 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 during the quarter. Sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current year.

Mitsubishi UFJ Financial Group Profile

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.