Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Addison Advisors LLC

Addison Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 26.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,129 shares of the company’s stock after buying an additional 1,263 shares during the period. Addison Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $72,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Callan Capital LLC increased its position in Mitsubishi UFJ Financial Group by 18.5% in the fourth quarter. Callan Capital LLC now owns 69,841 shares of the company’s stock worth $819,000 after buying an additional 10,907 shares during the period. Wealth Alliance increased its position in Mitsubishi UFJ Financial Group by 56.5% in the fourth quarter. Wealth Alliance now owns 46,896 shares of the company’s stock worth $550,000 after buying an additional 16,933 shares during the period. Ieq Capital LLC increased its position in Mitsubishi UFJ Financial Group by 16.6% in the fourth quarter. Ieq Capital LLC now owns 22,735 shares of the company’s stock worth $266,000 after buying an additional 3,244 shares during the period. Private Advisor Group LLC increased its position in Mitsubishi UFJ Financial Group by 1.6% in the fourth quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock worth $778,000 after buying an additional 1,040 shares during the period. Finally, Atria Wealth Solutions Inc. increased its position in Mitsubishi UFJ Financial Group by 26.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 13,867 shares of the company’s stock worth $163,000 after buying an additional 2,915 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $12.89 on Wednesday. The firm has a market capitalization of $155.49 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 1.16 and a beta of 0.61. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.75 and a one year high of $13.34. The stock’s fifty day moving average is $12.23 and its 200-day moving average is $11.34.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group Company 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.