Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 993,013 shares of the company’s stock after acquiring an additional 52,064 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Mitsubishi UFJ Financial Group were worth $10,725,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MUFG. Catalina Capital Group LLC grew its position in Mitsubishi UFJ Financial Group by 5.4% in the second quarter. Catalina Capital Group LLC now owns 17,965 shares of the company’s stock worth $194,000 after acquiring an additional 918 shares during the period. First Affirmative Financial Network grew its holdings in shares of Mitsubishi UFJ Financial Group by 5.1% during the 2nd quarter. First Affirmative Financial Network now owns 19,463 shares of the company’s stock worth $210,000 after purchasing an additional 938 shares during the period. Traveka Wealth LLC increased its position in shares of Mitsubishi UFJ Financial Group by 2.7% during the 2nd quarter. Traveka Wealth LLC now owns 37,775 shares of the company’s stock worth $408,000 after purchasing an additional 980 shares during the last quarter. LRI Investments LLC raised its holdings in Mitsubishi UFJ Financial Group by 6.9% in the 2nd quarter. LRI Investments LLC now owns 15,156 shares of the company’s stock valued at $164,000 after buying an additional 981 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in Mitsubishi UFJ Financial Group by 1.0% in the second quarter. Commonwealth Equity Services LLC now owns 101,421 shares of the company’s stock valued at $1,095,000 after buying an additional 1,002 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 1.1 %

Shares of MUFG stock opened at $10.44 on Friday. 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 cap 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. The company has a 50-day moving average of $10.49 and a two-hundred day moving average of $10.37. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data 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 net margin of 11.73% and a return on equity of 7.46%. The firm had revenue of $22.61 billion during the quarter. On average, analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current year.

Mitsubishi UFJ Financial Group Company 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.