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Mitsubishi UFJ Asset Management Co. Ltd. Purchases 15,395 Shares of Raymond James Financial, Inc. $RJF
Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Raymond James Financial, Inc. by 4.1% in the fourth quarter, acquiring an additional 15,395 shares to own a total of 387,469 shares valued at $63.39 million. Raymond James Financial reported strong quarterly earnings of $2.83 per share, surpassing analyst estimates, along with a 13.4% year-over-year revenue increase despite slightly missing revenue expectations. The company also declared a quarterly dividend of $0.54 per share, translating to an annualized yield of 1.4%.