Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. raised its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 11.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 768,195 shares of the company’s stock after purchasing an additional 81,130 shares during the quarter. QRG Capital Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $9,003,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $29,000. Venturi Wealth Management LLC lifted its holdings 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 acquiring an additional 2,229 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth $55,000. Sierra Ocean LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth $62,000. Finally, Versant Capital Management Inc purchased a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $71,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

MUFG opened at $13.00 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $13.34. The stock has a market cap of $156.93 billion, a P/E ratio of 11.93, a P/E/G ratio of 1.16 and a beta of 0.61. The stock’s 50 day simple moving average is $12.28 and its 200 day simple moving average is $11.36. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. As a group, equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Tuesday.

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.