Cetera Investment Advisers Has $1.43 Million Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cetera Investment Advisers grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 132,025 shares of the company’s stock after acquiring an additional 2,657 shares during the quarter. Cetera Investment Advisers’ holdings in Mitsubishi UFJ Financial Group were worth $1,426,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Rise Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the first quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group in the first quarter valued at approximately $39,000. Addison Advisors LLC increased its stake 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 during the period. Family Firm Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group in the second quarter valued at approximately $53,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 60.9% in the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock valued at $58,000 after buying an additional 2,222 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $10.53 on Wednesday. The business has a 50 day moving average of $10.28 and a 200-day moving average of $10.35. 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 $123.48 billion, a P/E ratio of 12.10, a P/E/G ratio of 0.95 and a beta of 0.59.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. The company had revenue of $22.61 billion during the quarter. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.95 earnings per share 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.