GC Wealth Management RIA LLC Grows Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

GC Wealth Management RIA LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 64.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,088 shares of the company’s stock after buying an additional 31,898 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,376,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Laurel Wealth Advisors LLC bought a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at $26,000. Signature Equity Partners LLC grew its holdings in Mitsubishi UFJ Financial Group by 73.0% during the 1st quarter. Signature Equity Partners LLC now owns 1,697 shares of the company’s stock worth $29,000 after acquiring an additional 716 shares in the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter worth about $29,000. JPL Wealth Management LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth about $34,000. Finally, Sound Income Strategies LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 716.4% in the 4th quarter. Sound Income Strategies LLC now owns 2,482 shares of the company’s stock valued at $39,000 after purchasing an additional 2,178 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

MUFG has been the subject of a number of research reports. Weiss Ratings downgraded Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. Erste Group Bank started coverage on Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They set a “buy” rating on the stock. Finally, Mitsubishi UFJ Financial Group started coverage on Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They set a “buy” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Stock Up 1.3%

MUFG stock opened at $22.91 on Friday. The firm has a market cap of $271.95 billion, a price-to-earnings ratio of 16.25, a PEG ratio of 1.09 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $13.62 and a 1-year high of $23.08. The firm has a fifty day moving average price of $20.48 and a two-hundred day moving average price of $18.81. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.98 and a quick ratio of 0.98.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.