Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Commerce Bank

Commerce Bank increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 16.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,943 shares of the company’s stock after purchasing an additional 3,762 shares during the period. Commerce Bank’s holdings in Mitsubishi UFJ Financial Group were worth $146,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Northern Trust Corp raised its position in Mitsubishi UFJ Financial Group by 6.3% during the 1st quarter. Northern Trust Corp now owns 11,790,862 shares of the company’s stock worth $63,435,000 after buying an additional 696,985 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Mitsubishi UFJ Financial Group by 16.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 6,370,036 shares of the company’s stock worth $34,271,000 after buying an additional 897,631 shares during the last quarter. BlackRock Inc. raised its position in Mitsubishi UFJ Financial Group by 194,781.5% during the 1st quarter. BlackRock Inc. now owns 5,197,489 shares of the company’s stock worth $27,962,000 after buying an additional 5,194,822 shares during the last quarter. Royal Bank of Canada raised its position in Mitsubishi UFJ Financial Group by 16.7% during the 1st quarter. Royal Bank of Canada now owns 3,352,944 shares of the company’s stock worth $18,039,000 after buying an additional 480,754 shares during the last quarter. Finally, Brandes Investment Partners LP raised its position in Mitsubishi UFJ Financial Group by 4.4% during the 1st quarter. Brandes Investment Partners LP now owns 2,870,573 shares of the company’s stock worth $15,931,000 after buying an additional 120,716 shares during the last quarter. Hedge funds and other institutional investors own 1.44% of the company’s stock.

Shares of MUFG opened at $5.82 on Wednesday. The company has a 50-day simple moving average of $5.46 and a 200-day simple moving average of $5.53. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 2.98. The company has a market capitalization of $74.76 billion, a PE ratio of 8.31 and a beta of 1.00. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $3.86 and a 52-week high of $6.02.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Monday, August 2nd. The company reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $13.74 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 16.67% and a return on equity of 5.29%. On average, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current year.

Separately, Zacks Investment Research upgraded shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a research report on Thursday, May 27th.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as a holding company, which provides financial services through its subsidiaries. It operates through the following segments: Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group, Global Markets and Others.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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