Hancock Whitney Corp Buys 36,610 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Hancock Whitney Corp boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 91.7% during the second quarter, Holdings Channel reports. The institutional investor owned 76,539 shares of the company’s stock after buying an additional 36,610 shares during the period. Hancock Whitney Corp’s holdings in Mitsubishi UFJ Financial Group were worth $827,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MUFG. Rise Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the first quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in Mitsubishi UFJ Financial Group by 133.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company’s stock valued at $31,000 after purchasing an additional 2,082 shares during the period. Principal Securities Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $32,000. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Mitsubishi UFJ Financial Group during the first quarter worth approximately $39,000. Finally, Addison Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group by 123.4% in the second quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock valued at $50,000 after buying an additional 2,546 shares in the last quarter. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Trading Up 1.1 %

Shares of NYSE:MUFG opened at $10.44 on Monday. The business’s 50 day simple moving average is $10.49 and its 200 day simple moving average is $10.37. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $7.89 and a 1 year high of $11.72. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $122.42 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.88 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $22.61 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. On average, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current fiscal year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.