Callan Family Office LLC Makes New Investment in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Callan Family Office LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the fourth quarter, Holdings Channel reports. The institutional investor bought 122,111 shares of the company’s stock, valued at approximately $1,431,000.

A number of other institutional investors and hedge funds also recently modified their holdings of MUFG. Barclays PLC acquired a new position in Mitsubishi UFJ Financial Group in the third quarter valued at approximately $752,000. Fisher Asset Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after acquiring an additional 1,067,409 shares during the period. Crossmark Global Holdings Inc. increased its position in Mitsubishi UFJ Financial Group by 23.4% in the third quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock worth $8,816,000 after buying an additional 164,206 shares during the period. Custom Index Systems LLC acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter worth $281,000. Finally, Synovus Financial Corp increased its position in Mitsubishi UFJ Financial Group by 24.4% in the third quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock worth $3,070,000 after buying an additional 59,053 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Up 0.4 %

Mitsubishi UFJ Financial Group stock opened at $13.02 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The firm has a 50-day moving average price of $12.44 and a two-hundred day moving average price of $11.48. The firm has a market capitalization of $157.07 billion, a price-to-earnings ratio of 11.94, a PEG ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $13.34.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday.

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.