OLD National Bancorp IN Has $192,000 Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

OLD National Bancorp IN decreased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 12.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,886 shares of the company’s stock after selling 2,578 shares during the quarter. OLD National Bancorp IN’s holdings in Mitsubishi UFJ Financial Group were worth $192,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norden Group LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the first quarter worth about $2,219,000. Diversify Advisory Services LLC bought a new stake in Mitsubishi UFJ Financial Group in the first quarter valued at approximately $941,000. Capital Wealth Planning LLC boosted its holdings in 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 valued at $4,648,000 after acquiring an additional 92,848 shares during the last quarter. Blue Trust Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 98.7% in the third quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock valued at $1,358,000 after acquiring an additional 62,449 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 23.4% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company’s stock worth $6,780,000 after buying an additional 125,467 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock opened at $10.20 on Thursday. The stock has a market capitalization of $119.61 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 0.95 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $7.89 and a 52-week high of $11.72. The stock’s 50 day moving average price is $10.40 and its two-hundred day moving average price is $10.38. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) 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. On average, equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.95 earnings per share for the current 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.