92,156 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 1st quarter, Holdings Channel reports. The firm acquired 92,156 shares of the company’s stock, valued at approximately $943,000.

A number of other institutional investors also recently bought and sold shares of the company. Barclays PLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 999,900.0% in the third quarter. Barclays PLC now owns 10,000 shares of the company’s stock worth $85,000 after acquiring an additional 9,999 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter worth about $87,000. Janney Montgomery Scott LLC raised its position in shares of Mitsubishi UFJ Financial Group by 4.3% in the third quarter. Janney Montgomery Scott LLC now owns 90,236 shares of the company’s stock valued at $766,000 after buying an additional 3,724 shares during the last quarter. Pathstone Family Office LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 111.8% during the third quarter. Pathstone Family Office LLC now owns 36,654 shares of the company’s stock valued at $311,000 after buying an additional 19,352 shares during the period. Finally, HighTower Advisors LLC grew its stake in Mitsubishi UFJ Financial Group by 12.4% in the 3rd quarter. HighTower Advisors LLC now owns 365,622 shares of the company’s stock worth $3,098,000 after acquiring an additional 40,326 shares during the period. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Down 0.6 %

Shares of Mitsubishi UFJ Financial Group stock traded down $0.06 during trading hours on Tuesday, reaching $9.87. 645,925 shares of the company’s stock were exchanged, compared to its average volume of 2,778,277. The company has a fifty day moving average of $10.15 and a 200-day moving average of $9.68. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $6.85 and a 52-week high of $11.22. The firm has a market capitalization of $115.74 billion, a price-to-earnings ratio of 11.41, a price-to-earnings-growth ratio of 0.96 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Wednesday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. The company had revenue of $22.78 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. On average, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

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.