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

RNC Capital Management LLC increased its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGGet Rating) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 54,000 shares of the company’s stock after acquiring an additional 2,000 shares during the quarter. RNC Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $295,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Bank of America Corp DE lifted its stake in shares of Mitsubishi UFJ Financial Group by 23.3% in the second quarter. Bank of America Corp DE now owns 10,352,671 shares of the company’s stock worth $56,112,000 after acquiring an additional 1,956,984 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group by 12.0% in the third quarter. Goldman Sachs Group Inc. now owns 7,539,912 shares of the company’s stock worth $44,712,000 after acquiring an additional 809,850 shares in the last quarter. BlackRock Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group by 0.7% in the third quarter. BlackRock Inc. now owns 5,448,153 shares of the company’s stock worth $32,308,000 after acquiring an additional 38,213 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Mitsubishi UFJ Financial Group by 3.8% in the third quarter. Royal Bank of Canada now owns 4,322,436 shares of the company’s stock worth $25,633,000 after acquiring an additional 159,992 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Mitsubishi UFJ Financial Group by 3.5% in the third quarter. Raymond James & Associates now owns 2,852,811 shares of the company’s stock worth $16,917,000 after acquiring an additional 95,784 shares in the last quarter. Institutional investors and hedge funds own 12.94% of the company’s stock.

Shares of NYSE:MUFG traded down $0.02 during trading on Tuesday, hitting $5.95. 110,974 shares of the company traded hands, compared to its average volume of 2,656,581. The stock has a market capitalization of $75.70 billion, a price-to-earnings ratio of 6.83, a PEG ratio of 0.63 and a beta of 0.72. The business’s fifty day moving average is $6.25 and its 200-day moving average is $5.93. Mitsubishi UFJ Financial Group, Inc. has a one year low of $5.15 and a one year high of $6.78.

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Rating) last posted its earnings results on Wednesday, February 2nd. The company reported $0.21 EPS for the quarter. The company had revenue of $12.36 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.36% and a net margin of 20.96%. Equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.7 earnings per share for the current fiscal year.

Several brokerages recently weighed in on MUFG. StockNews.com lowered Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a report on Tuesday, April 12th. Bank of America raised Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a report on Wednesday, January 26th.

Mitsubishi UFJ Financial Group Company Profile (Get Rating)

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan, the United States, and Asia/Oceania. The company's Retail & Commercial Banking Business Group segment offers commercial banking, trust banking, and securities products and services to retail, and small and medium-sized enterprise customers.

Further Reading

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

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