Resonant Capital Advisors LLC Buys Shares of 14,353 Mitsubishi UFJ Financial Group Inc (NYSE:MUFG)

Resonant Capital Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,353 shares of the company’s stock, valued at approximately $78,000.

Several other institutional investors and hedge funds have also modified their holdings of MUFG. Parametric Portfolio Associates LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 42.4% during the third quarter. Parametric Portfolio Associates LLC now owns 14,105,804 shares of the company’s stock worth $71,657,000 after acquiring an additional 4,199,126 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 15.1% during the 4th quarter. Renaissance Technologies LLC now owns 4,868,769 shares of the company’s stock worth $26,437,000 after purchasing an additional 637,044 shares in the last quarter. Todd Asset Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 0.7% during the 4th quarter. Todd Asset Management LLC now owns 2,013,733 shares of the company’s stock worth $10,935,000 after purchasing an additional 14,587 shares in the last quarter. Sei Investments Co. raised its stake in shares of Mitsubishi UFJ Financial Group by 20.3% during the 4th quarter. Sei Investments Co. now owns 1,463,712 shares of the company’s stock worth $7,948,000 after purchasing an additional 247,210 shares in the last quarter. Finally, CIBC World Markets Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 9.8% during the 4th quarter. CIBC World Markets Inc. now owns 1,016,750 shares of the company’s stock valued at $5,521,000 after buying an additional 90,837 shares during the last quarter. Institutional investors own 1.18% of the company’s stock.

NYSE:MUFG traded up $0.15 during trading hours on Thursday, reaching $4.08. The company’s stock had a trading volume of 1,670,900 shares, compared to its average volume of 1,713,847. The company has a market cap of $55.76 billion, a price-to-earnings ratio of 9.71, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. Mitsubishi UFJ Financial Group Inc has a one year low of $3.32 and a one year high of $5.54. The business’s 50-day moving average is $4.58 and its 200-day moving average is $5.09. The company has a debt-to-equity ratio of 2.15, a current ratio of 0.93 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 $0.15 earnings per share for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 5.67% and a net margin of 8.38%. The company had revenue of $15.80 billion for the quarter. On average, sell-side analysts predict that Mitsubishi UFJ Financial Group Inc will post 0.56 EPS for the current fiscal year.

The business also recently declared a semi-annual dividend, which will be paid on Monday, March 30th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.1045 per share. The ex-dividend date is Monday, March 30th. This represents a dividend yield of 3.4%. Mitsubishi UFJ Financial Group’s dividend payout ratio (DPR) is presently 25.68%.

A number of equities analysts recently commented on MUFG shares. Jefferies Financial Group assumed coverage on Mitsubishi UFJ Financial Group in a report on Wednesday, January 29th. They issued a “hold” rating on the stock. ValuEngine cut shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Saturday, February 29th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. Mitsubishi UFJ Financial Group currently has an average rating of “Hold”.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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