Addison Advisors LLC Acquires 2,546 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Addison Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 123.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,609 shares of the company’s stock after purchasing an additional 2,546 shares during the period. Addison Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $50,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUFG. Rise Advisors LLC bought a new stake in Mitsubishi UFJ Financial Group during the first quarter worth $27,000. EverSource Wealth Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 133.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company’s stock valued at $31,000 after purchasing an additional 2,082 shares during the period. Principal Securities Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the first quarter valued at $39,000. Finally, Family Firm Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at $53,000. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG opened at $10.12 on Friday. The company has a market capitalization of $118.67 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 0.90 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $7.89 and a twelve month high of $11.72. The stock has a fifty day simple moving average of $10.66 and a 200 day simple moving average of $10.36. 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 data 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. The business had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. Sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current year.

Mitsubishi UFJ Financial Group Company 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.