GAMMA Investing LLC Makes New Investment in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

GAMMA Investing LLC bought a new position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,700 shares of the company’s stock, valued at approximately $175,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Boston Common Asset Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 3,036.1% during the fourth quarter. Boston Common Asset Management LLC now owns 402,579 shares of the company’s stock worth $3,466,000 after buying an additional 389,742 shares during the last quarter. Augustine Asset Management Inc. grew its holdings in Mitsubishi UFJ Financial Group by 310.1% during the fourth quarter. Augustine Asset Management Inc. now owns 236,727 shares of the company’s stock valued at $2,038,000 after purchasing an additional 178,998 shares during the period. Ritholtz Wealth Management grew its holdings in Mitsubishi UFJ Financial Group by 10.9% during the fourth quarter. Ritholtz Wealth Management now owns 129,014 shares of the company’s stock valued at $1,111,000 after purchasing an additional 12,702 shares during the period. FMR LLC grew its holdings in Mitsubishi UFJ Financial Group by 4.4% during the third quarter. FMR LLC now owns 4,477,626 shares of the company’s stock valued at $38,015,000 after purchasing an additional 188,668 shares during the period. Finally, Natixis Advisors L.P. grew its holdings in Mitsubishi UFJ Financial Group by 7.5% during the third quarter. Natixis Advisors L.P. now owns 11,060,016 shares of the company’s stock valued at $93,900,000 after purchasing an additional 773,830 shares during the period. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE MUFG opened at $9.91 on Friday. The stock has a market cap of $122.21 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.91 and a beta of 0.61. The firm has a 50 day moving average price of $10.19 and a 200 day moving average price of $9.21. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $5.99 and a 52-week high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $19.25 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Profile

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.