Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Choreo LLC

Choreo LLC grew its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 21.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 76,344 shares of the company’s stock after purchasing an additional 13,393 shares during the period. Choreo LLC’s holdings in Mitsubishi UFJ Financial Group were worth $896,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Venturi Wealth Management LLC lifted its position in Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after buying an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth approximately $55,000. Versant Capital Management Inc acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth approximately $71,000. Veracity Capital LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $118,000. Finally, Eagle Bay Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 9.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after purchasing an additional 858 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Stock Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $12.53 on Monday. The stock has a market capitalization of $151.15 billion, a price-to-earnings ratio of 11.49, a price-to-earnings-growth ratio of 1.13 and a beta of 0.61. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The business has a 50-day moving average of $12.06 and a 200 day moving average of $11.14. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $12.96.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. As a group, sell-side analysts forecast 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.