Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by Townsquare Capital LLC

Townsquare Capital LLC increased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 56.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 250,537 shares of the company’s stock after purchasing an additional 90,678 shares during the quarter. Townsquare Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,936,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC acquired a new position in Mitsubishi UFJ Financial Group in the third quarter valued at $752,000. Custom Index Systems LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $281,000. Synovus Financial Corp grew its position in Mitsubishi UFJ Financial Group by 24.4% in the third quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock valued at $3,070,000 after acquiring an additional 59,053 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Mitsubishi UFJ Financial Group by 41.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company’s stock valued at $2,629,000 after purchasing an additional 75,997 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Mitsubishi UFJ Financial Group by 1.9% during the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock valued at $526,000 after acquiring an additional 938 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $11.90 on Wednesday. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The firm has a market cap of $143.55 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. The stock has a 50 day moving average of $12.87 and a 200-day moving average of $11.99.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share 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%. As a group, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, April 9th.

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.