Capital Wealth Planning LLC Purchases 256,565 Shares of Mitsubishi UFJ Financial Group, Inc. $MUFG

Capital Wealth Planning LLC lifted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 31.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,066,591 shares of the company’s stock after acquiring an additional 256,565 shares during the quarter. Capital Wealth Planning LLC’s holdings in Mitsubishi UFJ Financial Group were worth $17,001,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MUFG. Westside Investment Management Inc. raised its position in Mitsubishi UFJ Financial Group by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 1,846 shares of the company’s stock valued at $29,000 after purchasing an additional 923 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter worth $35,000. True Wealth Design LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter valued at $49,000. CWM LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 188.9% in the third quarter. CWM LLC now owns 3,504 shares of the company’s stock valued at $56,000 after buying an additional 2,291 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the second quarter valued at about $59,000. 13.59% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MUFG has been the topic of several research reports. UBS Group upgraded shares of Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research report on Thursday, January 22nd. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, February 5th. Finally, Zacks Research lowered shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One investment 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Stock Down 0.2%

Shares of Mitsubishi UFJ Financial Group stock opened at $16.43 on Friday. The business has a fifty day simple moving average of $18.16 and a 200 day simple moving average of $16.44. The stock has a market cap of $194.96 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 1.24 and a beta of 0.33. The company has a quick ratio of 0.89, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $10.46 and a 12 month high of $20.15.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Wednesday, February 4th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.02. Mitsubishi UFJ Financial Group had a return on equity of 9.58% and a net margin of 13.87%. Research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

About Mitsubishi UFJ Financial Group

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.