Pekin Hardy Strauss Inc. Purchases 3,000 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Pekin Hardy Strauss Inc. boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 206,900 shares of the company’s stock after acquiring an additional 3,000 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of Mitsubishi UFJ Financial Group by 28.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,664,275 shares of the company’s stock valued at $31,110,000 after acquiring an additional 806,728 shares during the period. Chevy Chase Trust Holdings LLC purchased a new stake in Mitsubishi UFJ Financial Group in the fourth quarter worth about $6,937,000. XY Capital Ltd raised its stake in shares of Mitsubishi UFJ Financial Group by 235.2% in the third quarter. XY Capital Ltd now owns 1,119,488 shares of the company’s stock worth $9,504,000 after buying an additional 785,552 shares during the period. Natixis Advisors L.P. lifted its position in shares of Mitsubishi UFJ Financial Group by 7.5% during the 3rd quarter. Natixis Advisors L.P. now owns 11,060,016 shares of the company’s stock valued at $93,900,000 after buying an additional 773,830 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Mitsubishi UFJ Financial Group by 358.1% during the 3rd quarter. UBS Group AG now owns 914,164 shares of the company’s stock valued at $7,761,000 after buying an additional 714,587 shares in the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Down 0.2 %

Mitsubishi UFJ Financial Group stock traded down $0.02 during midday trading on Tuesday, hitting $9.95. The stock had a trading volume of 1,654,716 shares, compared to its average volume of 3,023,995. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $5.99 and a 52-week high of $11.22. The company has a market capitalization of $122.76 billion, a PE ratio of 8.04, a P/E/G ratio of 0.90 and a beta of 0.61. The firm’s fifty day moving average is $10.20 and its two-hundred day moving average is $9.23.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. The business 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%. As a group, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal 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.