Modera Wealth Management LLC Acquires Shares of 18,102 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Modera Wealth Management LLC acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 18,102 shares of the company’s stock, valued at approximately $184,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Allworth Financial LP grew its stake in Mitsubishi UFJ Financial Group by 46.2% during the third quarter. Allworth Financial LP now owns 16,148 shares of the company’s stock worth $164,000 after buying an additional 5,102 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 6.2% in the third quarter. Ballentine Partners LLC now owns 59,700 shares of the company’s stock worth $608,000 after acquiring an additional 3,483 shares during the last quarter. Silver Oak Securities Incorporated bought a new position in Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $483,000. Greenleaf Trust raised its holdings in Mitsubishi UFJ Financial Group by 2.5% in the 3rd quarter. Greenleaf Trust now owns 152,105 shares of the company’s stock valued at $1,548,000 after buying an additional 3,764 shares during the last quarter. Finally, Waldron Private Wealth LLC raised its holdings in Mitsubishi UFJ Financial Group by 9.0% in the 3rd quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company’s stock valued at $120,000 after buying an additional 968 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Up 2.1 %

Shares of NYSE MUFG opened at $10.51 on Wednesday. The company has a 50 day simple moving average of $10.39 and a 200 day simple moving average of $10.38. The firm has a market cap of $123.18 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 0.98 and a beta of 0.59. 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.

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