Sivia Capital Partners LLC Makes New Investment in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Sivia Capital Partners LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 20,843 shares of the company’s stock, valued at approximately $284,000.

Several other hedge funds also recently made changes to their positions in MUFG. Whipplewood Advisors LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth $29,000. Financial Management Professionals Inc. increased its position in Mitsubishi UFJ Financial Group by 116.7% in the 1st quarter. Financial Management Professionals Inc. now owns 3,257 shares of the company’s stock worth $44,000 after purchasing an additional 1,754 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 33.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock valued at $59,000 after buying an additional 1,279 shares in the last quarter. Sierra Ocean LLC acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $62,000. Finally, Addison Advisors LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 26.0% during the 4th quarter. Addison Advisors LLC now owns 6,129 shares of the company’s stock worth $72,000 after purchasing an additional 1,263 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 0.4%

MUFG opened at $13.84 on Monday. The business has a 50 day moving average of $12.64 and a 200-day moving average of $12.57. The stock has a market capitalization of $167.02 billion, a price-to-earnings ratio of 12.70, a P/E/G ratio of 1.16 and a beta of 0.42. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.10. The business had revenue of $22.91 billion for the quarter, compared to analyst estimates of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. As a group, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Friday, May 16th.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.