Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 64.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 78,951 shares of the company’s stock after buying an additional 30,871 shares during the period. Jones Financial Companies Lllp’s holdings in Mitsubishi UFJ Financial Group were worth $1,266,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MUFG. Fisher Asset Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 17.4% in the second quarter. Fisher Asset Management LLC now owns 89,513,174 shares of the company’s stock valued at $1,228,121,000 after acquiring an additional 13,275,383 shares during the period. SCS Capital Management LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 482.0% in the 2nd quarter. SCS Capital Management LLC now owns 1,107,229 shares of the company’s stock worth $15,191,000 after purchasing an additional 916,992 shares during the last quarter. Westfield Capital Management Co. LP acquired a new position in Mitsubishi UFJ Financial Group during the 2nd quarter valued at approximately $8,369,000. Massar Capital Management LP acquired a new position in Mitsubishi UFJ Financial Group during the 2nd quarter valued at approximately $8,129,000. Finally, ABN Amro Investment Solutions bought a new position in Mitsubishi UFJ Financial Group during the 2nd quarter worth $6,201,000. Institutional investors own 13.59% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Weiss Ratings upgraded Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Zacks Research cut shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, UBS Group upgraded shares of Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Trading Up 1.0%

NYSE:MUFG opened at $19.40 on Wednesday. The stock has a market cap of $230.23 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 1.45 and a beta of 0.35. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.89 and a current ratio of 0.85. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $10.46 and a 1 year high of $19.71. The business has a fifty day moving average of $17.04 and a 200-day moving average of $15.88.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. The business had revenue of ($1,075.42) million during the quarter, compared to the consensus estimate of $9.30 billion. Mitsubishi UFJ Financial Group had a net margin of 13.87% and a return on equity of 9.58%. Equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.