Vise Technologies Inc. Takes Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Vise Technologies Inc. acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGGet Rating) during the first quarter, Holdings Channel reports. The institutional investor acquired 28,691 shares of the company’s stock, valued at approximately $178,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Teachers Retirement System of The State of Kentucky increased its holdings in Mitsubishi UFJ Financial Group by 71.1% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 1,903,910 shares of the company’s stock worth $11,785,000 after buying an additional 791,000 shares during the last quarter. Bank of America Corp DE increased its holdings in Mitsubishi UFJ Financial Group by 53.2% during the first quarter. Bank of America Corp DE now owns 17,389,091 shares of the company’s stock worth $107,639,000 after buying an additional 6,037,784 shares during the last quarter. Rehmann Capital Advisory Group increased its holdings in Mitsubishi UFJ Financial Group by 3.3% during the first quarter. Rehmann Capital Advisory Group now owns 71,562 shares of the company’s stock worth $443,000 after buying an additional 2,269 shares during the last quarter. Neuberger Berman Group LLC increased its holdings in Mitsubishi UFJ Financial Group by 30.5% during the first quarter. Neuberger Berman Group LLC now owns 15,091 shares of the company’s stock worth $93,000 after buying an additional 3,531 shares during the last quarter. Finally, Sawtooth Solutions LLC bought a new position in Mitsubishi UFJ Financial Group during the first quarter worth $63,000. 1.71% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Up 1.0 %

MUFG stock opened at $5.05 on Friday. The company has a debt-to-equity ratio of 3.06, a current ratio of 0.92 and a quick ratio of 0.92. The company has a fifty day moving average price of $5.27 and a two-hundred day moving average price of $5.66. Mitsubishi UFJ Financial Group, Inc. has a one year low of $4.89 and a one year high of $6.78. The stock has a market cap of $63.70 billion, a price-to-earnings ratio of 8.56, a price-to-earnings-growth ratio of 0.55 and a beta of 0.74.

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Rating) last announced its earnings results on Tuesday, August 2nd. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $16.70 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 13.26% and a return on equity of 5.36%. Equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.61 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a research report on Sunday, May 29th.

Mitsubishi UFJ Financial Group Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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