EverSource Wealth Advisors LLC Has $372,000 Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

EverSource Wealth Advisors LLC boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 318.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,728 shares of the company’s stock after buying an additional 24,138 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $372,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC bought a new stake in Mitsubishi UFJ Financial Group in the 3rd quarter valued at $752,000. Fisher Asset Management LLC boosted its holdings in Mitsubishi UFJ Financial Group by 15.7% in the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after purchasing an additional 1,067,409 shares during the period. Custom Index Systems LLC bought a new stake in Mitsubishi UFJ Financial Group in the 4th quarter valued at $281,000. Synovus Financial Corp boosted its holdings in Mitsubishi UFJ Financial Group by 24.4% in the 3rd quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock valued at $3,070,000 after purchasing an additional 59,053 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in Mitsubishi UFJ Financial Group by 41.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company’s stock valued at $2,629,000 after purchasing an additional 75,997 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Price Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $13.68 on Friday. The firm has a fifty day moving average price of $12.58 and a two-hundred day moving average price of $11.56. The company has a market cap of $165.03 billion, a PE ratio of 12.55, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $13.71. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Analysts expect 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.