Addison Advisors LLC Has $50,000 Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Addison Advisors LLC grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 123.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,609 shares of the company’s stock after acquiring an additional 2,546 shares during the period. Addison Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $50,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Catalina Capital Group LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 5.4% in the 2nd quarter. Catalina Capital Group LLC now owns 17,965 shares of the company’s stock valued at $194,000 after buying an additional 918 shares during the period. First Affirmative Financial Network grew its stake in shares of Mitsubishi UFJ Financial Group by 5.1% in the 2nd quarter. First Affirmative Financial Network now owns 19,463 shares of the company’s stock valued at $210,000 after buying an additional 938 shares during the period. Traveka Wealth LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 2.7% in the 2nd quarter. Traveka Wealth LLC now owns 37,775 shares of the company’s stock valued at $408,000 after buying an additional 980 shares during the period. LRI Investments LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 6.9% in the 2nd quarter. LRI Investments LLC now owns 15,156 shares of the company’s stock valued at $164,000 after buying an additional 981 shares during the period. Finally, Commonwealth Equity Services LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 1.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 101,421 shares of the company’s stock valued at $1,095,000 after buying an additional 1,002 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $10.12 on Friday. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a 50-day moving average of $10.66 and a 200-day moving average of $10.36. The company has a market cap of $118.67 billion, a PE ratio of 11.63, a P/E/G ratio of 0.90 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a one year low of $7.89 and a one year high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. The business had revenue of $22.61 billion for the quarter. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.