Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 138,975 shares of the company’s stock after purchasing an additional 2,608 shares during the quarter. Yousif Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,907,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Goldman Sachs Group Inc. increased its stake in Mitsubishi UFJ Financial Group by 2.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,652,332 shares of the company’s stock valued at $172,451,000 after purchasing an additional 288,583 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Mitsubishi UFJ Financial Group by 8.4% in the 1st quarter. Northern Trust Corp now owns 11,407,268 shares of the company’s stock valued at $155,481,000 after acquiring an additional 885,189 shares during the last quarter. Natixis Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 9.2% in the 1st quarter. Natixis Advisors LLC now owns 10,756,565 shares of the company’s stock valued at $146,612,000 after acquiring an additional 905,674 shares during the last quarter. Chevy Chase Trust Holdings LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 4.2% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 6,197,764 shares of the company’s stock valued at $84,476,000 after acquiring an additional 247,508 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 0.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 4,820,099 shares of the company’s stock valued at $65,698,000 after acquiring an additional 13,167 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG opened at $15.01 on Friday. The company’s 50-day moving average price is $15.45 and its 200-day moving average price is $13.97. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.86. The company has a market cap of $181.10 billion, a P/E ratio of 13.90, a P/E/G ratio of 1.09 and a beta of 0.38. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $10.15 and a twelve month high of $16.24.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $9.86 billion. Mitsubishi UFJ Financial Group had a net margin of 13.95% and a return on equity of 9.35%. On average, sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on MUFG shares. Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a report on Wednesday, October 8th. Finally, Zacks Research raised shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Mitsubishi UFJ Financial Group has a consensus rating of “Buy”.

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.