Allspring Global Investments Holdings LLC Has $773,000 Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Allspring Global Investments Holdings LLC raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 30.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,887 shares of the company’s stock after purchasing an additional 17,933 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Mitsubishi UFJ Financial Group were worth $773,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MUFG. Norden Group LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the first quarter worth about $2,219,000. Commonwealth Equity Services LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 3.8% in the first quarter. Commonwealth Equity Services LLC now owns 100,419 shares of the company’s stock worth $1,027,000 after purchasing an additional 3,644 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in Mitsubishi UFJ Financial Group in the 1st quarter valued at $941,000. Sequoia Financial Advisors LLC lifted its stake in Mitsubishi UFJ Financial Group by 7.0% during the 1st quarter. Sequoia Financial Advisors LLC now owns 61,717 shares of the company’s stock valued at $631,000 after acquiring an additional 4,035 shares in the last quarter. Finally, Mission Wealth Management LP boosted its holdings in Mitsubishi UFJ Financial Group by 40.4% during the 1st quarter. Mission Wealth Management LP now owns 21,220 shares of the company’s stock worth $217,000 after acquiring an additional 6,104 shares during the last quarter. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $10.58 on Friday. 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 firm has a 50-day moving average of $10.39 and a 200-day moving average of $10.39. Mitsubishi UFJ Financial Group, Inc. has a one year low of $7.89 and a one year high of $11.72. The company has a market cap of $124.06 billion, a P/E ratio of 12.16, a P/E/G ratio of 0.98 and a beta of 0.59.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Thursday, August 1st. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $22.61 billion for the quarter. Equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.95 EPS 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.