Mitsubishi UFJ Financial Group, Inc. $MUFG Holdings Boosted by Henry James International Management Inc.

Henry James International Management Inc. lifted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 13.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 337,370 shares of the company’s stock after buying an additional 40,658 shares during the period. Mitsubishi UFJ Financial Group comprises approximately 2.4% of Henry James International Management Inc.’s portfolio, making the stock its 12th biggest position. Henry James International Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $7,783,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Elevation Wealth Partners LLC acquired a new position in Mitsubishi UFJ Financial Group during the second quarter valued at $25,000. Signature Equity Partners LLC boosted its position in Mitsubishi UFJ Financial Group by 73.0% during the 1st quarter. Signature Equity Partners LLC now owns 1,697 shares of the company’s stock worth $29,000 after acquiring an additional 716 shares during the period. Whipplewood Advisors LLC purchased a new position in Mitsubishi UFJ Financial Group during the 1st quarter valued at about $29,000. Retirement Wealth Solutions LLC grew its stake in Mitsubishi UFJ Financial Group by 81.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 2,011 shares of the company’s stock valued at $46,000 after acquiring an additional 902 shares in the last quarter. Finally, GK Wealth Management LLC purchased a new position in Mitsubishi UFJ Financial Group during the 3rd quarter valued at about $50,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 2.2%

Shares of NYSE:MUFG traded down $0.49 during midday trading on Wednesday, hitting $21.91. 1,373,127 shares of the stock were exchanged, compared to its average volume of 3,315,919. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.85 and a current ratio of 0.85. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $14.72 and a 52-week high of $24.26. The business’s fifty day simple moving average is $22.90 and its two-hundred day simple moving average is $20.77. The company has a market capitalization of $259.96 billion, a PE ratio of 14.32, a P/E/G ratio of 0.83 and a beta of 0.44.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.10. Mitsubishi UFJ Financial Group had a return on equity of 12.30% and a net margin of 17.63%. The firm had revenue of $15.11 billion during the quarter, compared to analysts’ expectations of $10.06 billion. As a group, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 1.60 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MUFG has been the topic of a number of research reports. Mitsubishi UFJ Financial Group began coverage on Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They issued a “buy” rating on the stock. Weiss Ratings upgraded shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Zacks Research raised shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Finally, Erste Group Bank initiated coverage on shares of Mitsubishi UFJ Financial Group in a research report on Thursday, June 25th. They set a “buy” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc (NYSE: MUFG) is a Japan-based financial services group and one of the country’s largest banking organizations. Through its subsidiaries and affiliated companies, MUFG provides commercial and retail banking, corporate and investment banking, trust banking, securities services, asset management, leasing, credit cards and consumer finance.

The group serves individual customers, businesses, financial institutions and governments. Its offerings include deposits and loans, payments, wealth management, capital-markets services, foreign exchange, corporate finance and advisory services.