Farther Finance Advisors LLC Acquires 3,482 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Farther Finance Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 25.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,263 shares of the company’s stock after purchasing an additional 3,482 shares during the period. Farther Finance Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $202,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MUFG. Caprock Group LLC acquired a new position in Mitsubishi UFJ Financial Group during the 3rd quarter worth $1,318,000. PNC Financial Services Group Inc. lifted its position in Mitsubishi UFJ Financial Group by 2.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 301,488 shares of the company’s stock worth $3,069,000 after acquiring an additional 5,805 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Mitsubishi UFJ Financial Group by 14.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 51,247 shares of the company’s stock worth $522,000 after acquiring an additional 6,637 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Mitsubishi UFJ Financial Group by 14.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company’s stock worth $7,122,000 after acquiring an additional 88,034 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its position in Mitsubishi UFJ Financial Group by 11.3% during the 3rd quarter. Eagle Asset Management Inc. now owns 63,142 shares of the company’s stock worth $643,000 after acquiring an additional 6,386 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Stock Up 0.2 %

Shares of MUFG opened at $14.31 on Thursday. The company has a 50-day simple moving average of $12.71 and a 200-day simple moving average of $11.65. The firm has a market capitalization of $172.63 billion, a P/E ratio of 13.12, a P/E/G ratio of 1.16 and a beta of 0.60. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $14.44.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates 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%. On average, equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Mitsubishi UFJ Financial Group Company 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.