Alaethes Wealth LLC Has $2.23 Million Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Alaethes Wealth LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 203,955 shares of the company’s stock after purchasing an additional 3,767 shares during the period. Alaethes Wealth LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,228,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of MUFG. Russell Investments Group Ltd. lifted its stake in Mitsubishi UFJ Financial Group by 19.3% in the 4th quarter. Russell Investments Group Ltd. now owns 23,179 shares of the company’s stock valued at $200,000 after purchasing an additional 3,753 shares during the last quarter. Principal Securities Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $32,000. BNP Paribas Financial Markets grew its position in shares of Mitsubishi UFJ Financial Group by 48.3% in the 4th quarter. BNP Paribas Financial Markets now owns 155,939 shares of the company’s stock valued at $1,343,000 after buying an additional 50,758 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Mitsubishi UFJ Financial Group by 0.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,873,087 shares of the company’s stock valued at $50,567,000 after buying an additional 53,757 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Mitsubishi UFJ Financial Group by 6.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 96,237 shares of the company’s stock worth $828,000 after acquiring an additional 6,001 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock opened at $10.44 on Friday. The firm has a market cap of $122.42 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.88 and a beta of 0.60. The stock’s 50 day moving average is $10.49 and its 200 day moving average is $10.37. 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, Inc. has a one year low of $7.89 and a one year high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. The company had revenue of $22.61 billion for the quarter. As a group, research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current 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.