Clarius Group LLC Increases Position in Mitsubishi UFJ Financial Group, Inc. $MUFG

Clarius Group LLC grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 32.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,099 shares of the company’s stock after acquiring an additional 7,672 shares during the quarter. Clarius Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $427,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $31,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at $32,000. Ameritas Advisory Services LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $36,000. Nisa Investment Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at $41,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group by 245.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock valued at $65,000 after acquiring an additional 3,403 shares during the period. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Down 1.3%

Mitsubishi UFJ Financial Group stock opened at $15.55 on Tuesday. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.89 and a current ratio of 0.89. The business’s 50-day simple moving average is $15.26 and its two-hundred day simple moving average is $13.90. The company has a market cap of $187.65 billion, a PE ratio of 14.40, a PEG ratio of 1.15 and a beta of 0.38. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $9.87 and a fifty-two week high of $16.24.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.03. The business had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $9.86 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.35% and a net margin of 13.95%. Equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on MUFG. Wall Street Zen upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research note on Saturday, September 27th. Finally, Zacks Research upgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mitsubishi UFJ Financial Group has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Company 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.