Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Position Raised by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 34.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 23,114 shares of the company’s stock after buying an additional 5,882 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $199,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Greenleaf Trust lifted its stake in Mitsubishi UFJ Financial Group by 0.9% in the third quarter. Greenleaf Trust now owns 148,666 shares of the company’s stock valued at $1,262,000 after buying an additional 1,278 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 3.6% during the third quarter. Advisors Asset Management Inc. now owns 40,851 shares of the company’s stock valued at $347,000 after purchasing an additional 1,431 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Mitsubishi UFJ Financial Group by 11.8% during the third quarter. Stratos Wealth Partners LTD. now owns 14,412 shares of the company’s stock valued at $122,000 after purchasing an additional 1,524 shares in the last quarter. Aaron Wealth Advisors LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 5.5% during the third quarter. Aaron Wealth Advisors LLC now owns 32,542 shares of the company’s stock valued at $276,000 after purchasing an additional 1,700 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 16.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 12,442 shares of the company’s stock valued at $106,000 after purchasing an additional 1,802 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Down 0.1 %

Shares of NYSE MUFG opened at $10.08 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $5.99 and a fifty-two week high of $11.22. The firm’s 50-day simple moving average is $10.17 and its 200 day simple moving average is $9.19. The stock has a market cap of $124.30 billion, a P/E ratio of 8.13, a P/E/G ratio of 0.91 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. The firm had revenue of $19.25 billion for the quarter. On average, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

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.