American Century Companies Inc. Increases Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

American Century Companies Inc. grew its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,868,197 shares of the company's stock after acquiring an additional 100,677 shares during the period. American Century Companies Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $21,895,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $29,252,000. Artemis Investment Management LLP purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $10,880,000. Natixis Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 5.4% in the fourth quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock worth $115,452,000 after purchasing an additional 507,578 shares during the period. BNP Paribas Financial Markets raised its position in shares of Mitsubishi UFJ Financial Group by 140.9% in the third quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company's stock worth $5,240,000 after buying an additional 301,065 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC boosted its stake in Mitsubishi UFJ Financial Group by 4.2% during the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company's stock valued at $69,737,000 after buying an additional 241,685 shares during the period. 13.59% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Tuesday.

Mitsubishi UFJ Financial Group Price Performance

MUFG traded down $0.13 on Wednesday, reaching $13.17. The company had a trading volume of 7,472,525 shares, compared to its average volume of 6,394,680. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03. The company has a market cap of $158.93 billion, a price-to-earnings ratio of 12.08, a P/E/G ratio of 1.16 and a beta of 0.60. The business has a 50 day simple moving average of $13.10 and a 200 day simple moving average of $11.91.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. As a group, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.