Callan Capital LLC Purchases 4,400 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Callan Capital LLC raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 12.1% in the 2nd quarter, Holdings Channel reports. The firm owned 40,781 shares of the company’s stock after buying an additional 4,400 shares during the period. Callan Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $440,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Catalina Capital Group LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 5.4% during the second quarter. Catalina Capital Group LLC now owns 17,965 shares of the company’s stock worth $194,000 after buying an additional 918 shares in the last quarter. First Affirmative Financial Network boosted its holdings in shares of Mitsubishi UFJ Financial Group by 5.1% in the 2nd quarter. First Affirmative Financial Network now owns 19,463 shares of the company’s stock valued at $210,000 after buying an additional 938 shares during the last quarter. Traveka Wealth LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 2.7% during the 2nd quarter. Traveka Wealth LLC now owns 37,775 shares of the company’s stock worth $408,000 after purchasing an additional 980 shares during the last quarter. LRI Investments LLC grew its holdings in Mitsubishi UFJ Financial Group by 6.9% during the second quarter. LRI Investments LLC now owns 15,156 shares of the company’s stock worth $164,000 after purchasing an additional 981 shares during the period. Finally, Commonwealth Equity Services LLC grew its holdings in Mitsubishi UFJ Financial Group by 1.0% during the second quarter. Commonwealth Equity Services LLC now owns 101,421 shares of the company’s stock worth $1,095,000 after purchasing an additional 1,002 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG opened at $10.44 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $7.89 and a 12-month high of $11.72. The firm has a market capitalization of $122.42 billion, a price-to-earnings ratio of 12.00, a P/E/G ratio of 0.88 and a beta of 0.60. The stock’s 50 day moving average price is $10.49 and its two-hundred day moving average price is $10.37. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. The business had revenue of $22.61 billion for the quarter. On average, analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.