Capital Planning Advisors LLC Acquires New Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Capital Planning Advisors LLC acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGGet Rating) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,109 shares of the company’s stock, valued at approximately $75,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC grew its position in shares of Mitsubishi UFJ Financial Group by 20.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 81,965 shares of the company’s stock worth $448,000 after buying an additional 14,123 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 67.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 56,807 shares of the company’s stock worth $310,000 after purchasing an additional 22,978 shares in the last quarter. Advisor Group Holdings Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 2.8% in the 4th quarter. Advisor Group Holdings Inc. now owns 85,777 shares of the company’s stock worth $468,000 after purchasing an additional 2,297 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at $67,000. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Mitsubishi UFJ Financial Group by 10.9% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 620,764 shares of the company’s stock worth $3,389,000 after purchasing an additional 61,068 shares during the period. Institutional investors and hedge funds own 13.09% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 0.6 %

Shares of NYSE MUFG opened at $5.42 on Tuesday. The business has a 50-day moving average of $5.41 and a 200-day moving average of $5.85. The firm has a market capitalization of $68.37 billion, a price-to-earnings ratio of 9.19, a PEG ratio of 0.59 and a beta of 0.73. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $5.09 and a 12 month high of $6.78. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 3.06.

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Rating) last released its earnings results on Monday, May 16th. The company reported $0.12 earnings per share for the quarter. The company had revenue of $14.74 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 5.36% and a net margin of 13.26%. Sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.62 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on MUFG. The Goldman Sachs Group began coverage on Mitsubishi UFJ Financial Group in a report on Wednesday, April 27th. StockNews.com lowered Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a report on Sunday, May 29th.

Mitsubishi UFJ Financial Group Profile

(Get Rating)

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.

Further Reading

Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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