Cetera Investment Advisers Acquires 3,790 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cetera Investment Advisers lifted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 3.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 128,080 shares of the company’s stock after buying an additional 3,790 shares during the period. Cetera Investment Advisers’ holdings in Mitsubishi UFJ Financial Group were worth $1,501,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in MUFG. Northern Trust Corp raised its stake in Mitsubishi UFJ Financial Group by 46.6% during the 4th quarter. Northern Trust Corp now owns 10,522,079 shares of the company’s stock worth $123,319,000 after acquiring an additional 3,342,330 shares during the period. Natixis Advisors LLC raised its stake in Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company’s stock worth $115,452,000 after acquiring an additional 507,578 shares during the period. Chevy Chase Trust Holdings LLC raised its stake in Mitsubishi UFJ Financial Group by 4.2% during the 4th quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company’s stock worth $69,737,000 after acquiring an additional 241,685 shares during the period. Envestnet Asset Management Inc. raised its stake in Mitsubishi UFJ Financial Group by 7.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,806,932 shares of the company’s stock worth $56,337,000 after acquiring an additional 313,851 shares during the period. Finally, Sei Investments Co. raised its stake in Mitsubishi UFJ Financial Group by 1.6% during the 4th quarter. Sei Investments Co. now owns 4,092,847 shares of the company’s stock worth $47,968,000 after acquiring an additional 64,808 shares during the period. Institutional investors own 13.59% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Friday, May 16th.

Mitsubishi UFJ Financial Group Price Performance

NYSE MUFG opened at $13.83 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $15.03. The stock has a market cap of $166.84 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 1.16 and a beta of 0.39. The company’s 50 day moving average is $12.74 and its two-hundred day moving average is $12.37. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.10. The firm had revenue of $22.91 billion for the quarter, compared to analysts’ expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. As a group, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Mitsubishi UFJ Financial Group Profile

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.