Centiva Capital LP Invests $835,000 in Mitsubishi UFJ Financial Group, Inc. $MUFG

Centiva Capital LP purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 52,385 shares of the company’s stock, valued at approximately $835,000.

A number of other hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. raised its stake in Mitsubishi UFJ Financial Group by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,846 shares of the company’s stock worth $29,000 after purchasing an additional 923 shares during the period. Redmont Wealth Advisors LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $35,000. True Wealth Design LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $49,000. CWM LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 188.9% during the 3rd quarter. CWM LLC now owns 3,504 shares of the company’s stock worth $56,000 after buying an additional 2,291 shares during the last quarter. Finally, Horizon Investments LLC raised its position in shares of Mitsubishi UFJ Financial Group by 25.8% during the 3rd quarter. Horizon Investments LLC now owns 3,575 shares of the company’s stock valued at $57,000 after buying an additional 734 shares during the period. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $16.43 on Monday. The firm’s 50 day moving average price is $18.16 and its 200-day moving average price is $16.45. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.89 and a current ratio of 0.85. Mitsubishi UFJ Financial Group, Inc. has a one year low of $10.46 and a one year high of $20.15. The firm has a market cap of $194.96 billion, a P/E ratio of 14.41, a P/E/G ratio of 1.24 and a beta of 0.33.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. Mitsubishi UFJ Financial Group had a net margin of 13.87% and a return on equity of 9.58%. As a group, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analyst Ratings Changes

MUFG has been the subject of several analyst reports. Zacks Research lowered Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. Weiss Ratings upgraded Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Finally, UBS Group raised Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Mitsubishi UFJ Financial Group has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.