Private Advisor Group LLC Has $771,000 Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Private Advisor Group LLC decreased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 71,380 shares of the company’s stock after selling 3,844 shares during the quarter. Private Advisor Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $771,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of MUFG. Norden Group LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the first quarter worth about $2,219,000. Wells Fargo & Company MN grew its position in Mitsubishi UFJ Financial Group by 6.7% during the 4th quarter. Wells Fargo & Company MN now owns 1,731,206 shares of the company’s stock worth $14,906,000 after purchasing an additional 108,026 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the first quarter valued at $941,000. Capital Wealth Planning LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 25.7% in the first quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock worth $4,648,000 after buying an additional 92,848 shares during the period. Finally, Fisher Asset Management LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at $57,954,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 0.6 %

NYSE:MUFG opened at $10.44 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $7.89 and a 1-year high of $11.72. The firm has a market capitalization of $121.64 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 0.88 and a beta of 0.60. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25. The business’s fifty day moving average price is $10.55 and its 200 day moving average price is $10.37.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Thursday, August 1st. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates 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, sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.