Callan Family Office LLC Has $3.77 Million Stake in Mitsubishi UFJ Financial Group, Inc. $MUFG

Callan Family Office LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 270.0% in the second quarter, Holdings Channel reports. The fund owned 274,646 shares of the company’s stock after acquiring an additional 200,416 shares during the period. Callan Family Office LLC’s holdings in Mitsubishi UFJ Financial Group were worth $3,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of MUFG. Artemis Investment Management LLP lifted its position in Mitsubishi UFJ Financial Group by 175.6% during the 1st quarter. Artemis Investment Management LLP now owns 2,558,102 shares of the company’s stock worth $34,867,000 after acquiring an additional 1,629,765 shares during the last quarter. National Bank of Canada FI acquired a new position in Mitsubishi UFJ Financial Group during the 1st quarter worth $12,534,000. Natixis Advisors LLC lifted its position in Mitsubishi UFJ Financial Group by 9.2% during the 1st quarter. Natixis Advisors LLC now owns 10,756,565 shares of the company’s stock worth $146,612,000 after acquiring an additional 905,674 shares during the last quarter. Northern Trust Corp lifted its position in Mitsubishi UFJ Financial Group by 8.4% during the 1st quarter. Northern Trust Corp now owns 11,407,268 shares of the company’s stock worth $155,481,000 after acquiring an additional 885,189 shares during the last quarter. Finally, 1832 Asset Management L.P. raised its position in shares of Mitsubishi UFJ Financial Group by 3,965.4% during the first quarter. 1832 Asset Management L.P. now owns 713,069 shares of the company’s stock valued at $9,719,000 after buying an additional 695,529 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG opened at $14.64 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $10.15 and a 12-month high of $16.24. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 1.86. The firm has a market capitalization of $176.61 billion, a PE ratio of 13.55, a price-to-earnings-growth ratio of 1.12 and a beta of 0.38. The firm has a 50-day moving average price of $15.36 and a 200 day moving average price of $13.92.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research report on Wednesday. Zacks Research raised shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 26th. Finally, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Mitsubishi UFJ Financial Group presently has an average rating of “Buy”.

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.