Nations Financial Group Inc. IA ADV Has $2.30 Million Stock Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

Nations Financial Group Inc. IA ADV increased its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 157.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 135,740 shares of the company’s stock after buying an additional 82,980 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Mitsubishi UFJ Financial Group were worth $2,304,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC boosted its position in Mitsubishi UFJ Financial Group by 43.8% during the first quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock valued at $4,565,000 after purchasing an additional 101,930 shares during the last quarter. Focus Partners Wealth increased its position in Mitsubishi UFJ Financial Group by 14.8% in the 1st quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock worth $218,000 after purchasing an additional 2,058 shares during the last quarter. Geneos Wealth Management Inc. increased its position in Mitsubishi UFJ Financial Group by 245.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock worth $65,000 after purchasing an additional 3,403 shares during the last quarter. Acadian Asset Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 104.1% during the 1st quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock worth $571,000 after purchasing an additional 21,379 shares in the last quarter. Finally, Sivia Capital Partners LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 68.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock worth $483,000 after purchasing an additional 14,347 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Up 0.1%

Mitsubishi UFJ Financial Group stock opened at $21.11 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $13.19 and a 1-year high of $21.18. The firm’s fifty day simple moving average is $18.88 and its 200-day simple moving average is $17.88. The company has a market capitalization of $250.47 billion, a P/E ratio of 14.97, a P/E/G ratio of 0.86 and a beta of 0.40.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Saturday, May 16th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.13. The firm had revenue of $15.36 billion during the quarter, compared to analysts’ expectations of $9.34 billion. Mitsubishi UFJ Financial Group had a net margin of 16.65% and a return on equity of 11.07%. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 1.41 earnings per share for the current year.

Analyst Ratings Changes

Separately, Weiss Ratings cut Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Mitsubishi UFJ Financial Group has an average rating of “Buy”.

Mitsubishi UFJ Financial Group 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.