Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Holdings Boosted by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 25.3% during the 4th quarter, according to the company in its most recent filing with the SEC. 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.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $29,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock valued at $59,000 after acquiring an additional 1,279 shares in the last quarter. Sierra Ocean LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $62,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Mitsubishi UFJ Financial Group during the 3rd quarter valued at $55,000. Finally, Versant Capital Management Inc purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $71,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

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 report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Trading Up 0.2 %

Mitsubishi UFJ Financial Group stock opened at $14.31 on Thursday. The company’s fifty day simple moving average is $12.71 and its 200-day simple moving average is $11.65. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $14.44. The stock has a market cap 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.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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%. As a group, sell-side analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.