Allworth Financial LP Has $164,000 Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Allworth Financial LP grew its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 46.2% in the third quarter, HoldingsChannel.com reports. The fund owned 16,148 shares of the company’s stock after acquiring an additional 5,102 shares during the quarter. Allworth Financial LP’s holdings in Mitsubishi UFJ Financial Group were worth $164,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Whittier Trust Co. of Nevada Inc. bought a new stake in Mitsubishi UFJ Financial Group during the first quarter worth about $39,000. Addison Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 123.4% during the 2nd quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock worth $50,000 after acquiring an additional 2,546 shares during the period. Family Firm Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $53,000. EverSource Wealth Advisors LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 60.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock worth $58,000 after acquiring an additional 2,222 shares in the last quarter. Finally, Rothschild Investment LLC bought a new position in Mitsubishi UFJ Financial Group in the second quarter valued at approximately $68,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 0.6 %

NYSE MUFG opened at $10.57 on Thursday. The business has a fifty day moving average price of $10.39 and a two-hundred day moving average price of $10.39. The stock has a market capitalization of $123.89 billion, a PE ratio of 12.14, a PEG ratio of 0.98 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.89 and a fifty-two week 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 announced its quarterly earnings data on Thursday, August 1st. The company reported $0.30 earnings per share for the quarter, topping 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 business had revenue of $22.61 billion during the quarter. Equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.95 earnings per share for the current fiscal 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.