Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Burns Matteson Capital Management LLC

Burns Matteson Capital Management LLC increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 31.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,952 shares of the company’s stock after purchasing an additional 3,322 shares during the quarter. Burns Matteson Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $190,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MUFG. Charles Schwab Investment Management Inc. increased its holdings in Mitsubishi UFJ Financial Group by 19.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 836,827 shares of the company’s stock valued at $9,808,000 after acquiring an additional 137,182 shares in the last quarter. HighTower Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 1.2% during the 4th quarter. HighTower Advisors LLC now owns 445,574 shares of the company’s stock valued at $5,222,000 after acquiring an additional 5,257 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 25.3% during the 4th quarter. Farther Finance Advisors LLC now owns 17,263 shares of the company’s stock valued at $202,000 after acquiring an additional 3,482 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in Mitsubishi UFJ Financial Group by 6.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 115,363 shares of the company’s stock valued at $1,352,000 after acquiring an additional 7,279 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Mitsubishi UFJ Financial Group by 19.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 99,673 shares of the company’s stock valued at $1,168,000 after acquiring an additional 16,553 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, June 14th.

Mitsubishi UFJ Financial Group Trading Up 0.5%

Shares of MUFG stock opened at $13.42 on Friday. The stock has a market cap of $161.91 billion, a price-to-earnings ratio of 12.78, a price-to-earnings-growth ratio of 0.88 and a beta of 0.39. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.57. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03. The firm’s 50 day moving average price is $13.61 and its two-hundred day moving average price is $12.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.10. The firm had revenue of $22.91 billion for the quarter, compared to analysts’ expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 13.70% and a return on equity of 9.45%. On average, analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group Profile

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.