Blue Barn Wealth LLC Boosts Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Blue Barn Wealth LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 59.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,628 shares of the company’s stock after purchasing an additional 6,184 shares during the quarter. Blue Barn Wealth LLC’s holdings in Mitsubishi UFJ Financial Group were worth $195,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $29,000. Venturi Wealth Management LLC raised its position in Mitsubishi UFJ Financial Group by 72.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after purchasing an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth $55,000. Steward Partners Investment Advisory LLC grew its position in Mitsubishi UFJ Financial Group by 33.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after purchasing an additional 1,279 shares during the last quarter. Finally, Sierra Ocean LLC purchased a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $62,000. 13.59% of the stock is 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.

Mitsubishi UFJ Financial Group Trading Up 2.3 %

Shares of Mitsubishi UFJ Financial Group stock opened at $13.04 on Thursday. The firm has a market cap of $157.30 billion, a price-to-earnings ratio of 11.96, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $13.34. The company’s 50-day simple moving average is $12.39 and its 200-day simple moving average is $11.45. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate 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%. As a group, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

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.