Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) Shares Purchased by Ballentine Partners LLC

Ballentine Partners LLC boosted its stake in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) by 76.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 39,257 shares of the company’s stock after purchasing an additional 16,997 shares during the period. Ballentine Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $199,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of MUFG. Renaissance Technologies LLC boosted its position in Mitsubishi UFJ Financial Group by 324.6% in the 2nd quarter. Renaissance Technologies LLC now owns 3,315,700 shares of the company’s stock valued at $15,750,000 after buying an additional 2,534,800 shares during the period. D. E. Shaw & Co. Inc. boosted its position in Mitsubishi UFJ Financial Group by 93.9% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 1,769,400 shares of the company’s stock valued at $8,405,000 after buying an additional 857,101 shares during the period. Cowen Inc. purchased a new position in Mitsubishi UFJ Financial Group in the 2nd quarter valued at approximately $3,595,000. NINE MASTS CAPITAL Ltd boosted its position in Mitsubishi UFJ Financial Group by 6.0% in the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 4,705,825 shares of the company’s stock valued at $22,354,000 after buying an additional 266,857 shares during the period. Finally, LPL Financial LLC boosted its position in Mitsubishi UFJ Financial Group by 1,071.7% in the 2nd quarter. LPL Financial LLC now owns 285,611 shares of the company’s stock valued at $1,357,000 after buying an additional 261,236 shares during the period. Hedge funds and other institutional investors own 1.10% of the company’s stock.

Several brokerages have commented on MUFG. TheStreet cut shares of Mitsubishi UFJ Financial Group from a “c” rating to a “d” rating in a research report on Thursday, August 8th. ValuEngine raised shares of Mitsubishi UFJ Financial Group from a “strong sell” rating to a “sell” rating in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold”.

Shares of MUFG stock opened at $5.13 on Wednesday. The stock has a market capitalization of $70.12 billion, a PE ratio of 6.93, a P/E/G ratio of 1.30 and a beta of 1.38. The firm has a 50 day moving average of $5.07 and a two-hundred day moving average of $4.86. Mitsubishi UFJ Financial Group Inc has a 52 week low of $4.49 and a 52 week high of $6.08. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.07.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Wednesday, July 31st. The company reported $0.27 earnings per share (EPS) for the quarter. The business had revenue of $16.41 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 13.82% and a return on equity of 6.46%. Analysts expect that Mitsubishi UFJ Financial Group Inc will post 0.64 EPS for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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