Mitsubishi UFJ Financial Group Inc (MTU) Shares Bought by BB&T Corp

BB&T Corp lifted its position in Mitsubishi UFJ Financial Group Inc (NYSE:MTU) by 11.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 227,154 shares of the bank’s stock after buying an additional 23,042 shares during the period. BB&T Corp’s holdings in Mitsubishi UFJ Financial Group were worth $1,652,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MTU. Sicart Associates LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at $109,000. Assetmark Inc. increased its stake in Mitsubishi UFJ Financial Group by 108.4% in the third quarter. Assetmark Inc. now owns 17,553 shares of the bank’s stock valued at $113,000 after acquiring an additional 9,132 shares during the last quarter. Private Advisor Group LLC bought a new position in Mitsubishi UFJ Financial Group in the third quarter valued at $114,000. Trexquant Investment LP bought a new position in Mitsubishi UFJ Financial Group in the third quarter valued at $116,000. Finally, Advisor Group Inc. increased its stake in Mitsubishi UFJ Financial Group by 18.1% in the second quarter. Advisor Group Inc. now owns 18,700 shares of the bank’s stock valued at $126,000 after acquiring an additional 2,869 shares during the last quarter. 1.03% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Mitsubishi UFJ Financial Group Inc (MTU) opened at $7.59 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.85 and a current ratio of 0.85. Mitsubishi UFJ Financial Group Inc has a 1 year low of $5.94 and a 1 year high of $8.11. The stock has a market cap of $107,420.00, a PE ratio of 11.16, a price-to-earnings-growth ratio of 1.44 and a beta of 1.67.

Mitsubishi UFJ Financial Group (NYSE:MTU) last posted its quarterly earnings results on Tuesday, November 14th. The bank reported $0.24 earnings per share (EPS) for the quarter. Mitsubishi UFJ Financial Group had a net margin of 17.02% and a return on equity of 6.82%. The business had revenue of $14.08 billion during the quarter. equities research analysts anticipate that Mitsubishi UFJ Financial Group Inc will post 0.64 EPS for the current year.

A number of research firms recently commented on MTU. Daiwa Capital Markets cut Mitsubishi UFJ Financial Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 10th. ValuEngine raised Mitsubishi UFJ Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 16th. Finally, Zacks Investment Research cut Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $7.00.

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Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.

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

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