Marks Group Wealth Management Inc Purchases Shares of 36,034 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Marks Group Wealth Management Inc acquired a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 36,034 shares of the company’s stock, valued at approximately $422,000.

Other institutional investors also recently made changes to their positions in the company. Fisher Asset Management LLC increased its position in Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after acquiring an additional 1,067,409 shares during the period. Artemis Investment Management LLP acquired a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $10,880,000. Crossmark Global Holdings Inc. grew its position in shares of Mitsubishi UFJ Financial Group by 0.9% during the 4th quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock worth $10,245,000 after purchasing an additional 8,155 shares in the last quarter. Cerity Partners LLC raised its position in shares of Mitsubishi UFJ Financial Group by 30.2% in the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after buying an additional 189,887 shares in the last quarter. Finally, Quantinno Capital Management LP raised its position in shares of Mitsubishi UFJ Financial Group by 31.6% in the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock valued at $8,119,000 after buying an additional 191,368 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Stock Performance

MUFG opened at $12.35 on Thursday. The firm has a market cap of $149.04 billion, a P/E ratio of 11.33, a price-to-earnings-growth ratio of 1.13 and a beta of 0.61. The business’s fifty day moving average is $12.07 and its 200-day moving average is $11.15. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $12.96. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

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.