Creative Planning Grows Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Creative Planning grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 8.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 607,686 shares of the company’s stock after acquiring an additional 49,529 shares during the quarter. Creative Planning’s holdings in Mitsubishi UFJ Financial Group were worth $6,186,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. 180 Wealth Advisors LLC increased its position in Mitsubishi UFJ Financial Group by 4.4% during the 1st quarter. 180 Wealth Advisors LLC now owns 27,381 shares of the company’s stock valued at $280,000 after purchasing an additional 1,144 shares during the period. Claro Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 8.4% during the first quarter. Claro Advisors LLC now owns 30,033 shares of the company’s stock valued at $307,000 after buying an additional 2,331 shares during the period. Hexagon Capital Partners LLC increased its position in shares of Mitsubishi UFJ Financial Group by 29.1% during the first quarter. Hexagon Capital Partners LLC now owns 6,570 shares of the company’s stock valued at $67,000 after buying an additional 1,481 shares during the period. Allspring Global Investments Holdings LLC raised its stake in Mitsubishi UFJ Financial Group by 156.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 38,724 shares of the company’s stock worth $396,000 after buying an additional 23,629 shares in the last quarter. Finally, Naviter Wealth LLC lifted its holdings in Mitsubishi UFJ Financial Group by 13.4% in the first quarter. Naviter Wealth LLC now owns 262,208 shares of the company’s stock worth $2,682,000 after buying an additional 31,029 shares during the period. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 3.7 %

MUFG stock opened at $10.20 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.89 and a fifty-two week high of $11.72. The company has a market capitalization of $119.61 billion, a price-to-earnings ratio of 11.72, a price-to-earnings-growth ratio of 0.95 and a beta of 0.59. The business’s 50 day moving average price is $10.40 and its two-hundred day moving average price is $10.38. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $22.61 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. As a group, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.95 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group 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.