10,766 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 10,766 shares of the company’s stock, valued at approximately $147,000.

A number of other institutional investors have also added to or reduced their stakes in MUFG. Northern Trust Corp boosted its position in Mitsubishi UFJ Financial Group by 46.6% during the fourth quarter. Northern Trust Corp now owns 10,522,079 shares of the company’s stock valued at $123,319,000 after purchasing an additional 3,342,330 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at about $29,252,000. Royal Bank of Canada boosted its holdings in shares of Mitsubishi UFJ Financial Group by 40.4% in the 4th quarter. Royal Bank of Canada now owns 6,021,271 shares of the company’s stock valued at $70,570,000 after buying an additional 1,731,873 shares in the last quarter. Artemis Investment Management LLP grew its position in shares of Mitsubishi UFJ Financial Group by 175.6% in the 1st quarter. Artemis Investment Management LLP now owns 2,558,102 shares of the company’s stock worth $34,867,000 after buying an additional 1,629,765 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Mitsubishi UFJ Financial Group by 1,576.9% in the 1st quarter. GAMMA Investing LLC now owns 607,993 shares of the company’s stock worth $8,287,000 after buying an additional 571,735 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th.

Mitsubishi UFJ Financial Group Trading Down 0.4%

Shares of NYSE:MUFG opened at $13.91 on Friday. The business’s 50-day moving average is $13.75 and its 200 day moving average is $13.07. The company has a debt-to-equity ratio of 2.57, a current ratio of 1.01 and a quick ratio of 1.01. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03. The firm has a market capitalization of $167.80 billion, a P/E ratio of 13.24, a P/E/G ratio of 0.92 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.10. The business had revenue of $22.91 billion for the quarter, compared to analyst estimates of $6.47 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.45% and a net margin of 13.70%. On average, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal 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.