Whittier Trust Co. Boosts Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Whittier Trust Co. raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 50.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 154,941 shares of the company’s stock after acquiring an additional 52,006 shares during the period. Whittier Trust Co.’s holdings in Mitsubishi UFJ Financial Group were worth $1,816,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $29,000. Wilmington Savings Fund Society FSB purchased a new stake in Mitsubishi UFJ Financial Group in the third quarter valued at approximately $55,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock valued at $59,000 after acquiring an additional 1,279 shares during the period. Sierra Ocean LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth approximately $62,000. Finally, Versant Capital Management Inc acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at $71,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $14.97 on Friday. The stock’s 50-day moving average price is $12.82 and its 200 day moving average price is $11.70. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $180.68 billion, a PE ratio of 13.74, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. As a group, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

About Mitsubishi UFJ Financial Group

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.