Chevy Chase Trust Holdings LLC Buys 241,685 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Chevy Chase Trust Holdings LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,950,256 shares of the company's stock after buying an additional 241,685 shares during the period. Chevy Chase Trust Holdings LLC's holdings in Mitsubishi UFJ Financial Group were worth $69,737,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Blue Trust Inc. grew its position in Mitsubishi UFJ Financial Group by 98.7% in the third quarter. Blue Trust Inc. now owns 125,734 shares of the company's stock worth $1,358,000 after acquiring an additional 62,449 shares in the last quarter. Barclays PLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth approximately $752,000. Fisher Asset Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 15.7% in the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company's stock worth $79,947,000 after purchasing an additional 1,067,409 shares during the period. Bleakley Financial Group LLC increased its position in shares of Mitsubishi UFJ Financial Group by 11.8% during the 3rd quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company's stock valued at $261,000 after purchasing an additional 2,701 shares during the last quarter. Finally, Crossmark Global Holdings Inc. raised its holdings in Mitsubishi UFJ Financial Group by 23.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company's stock valued at $8,816,000 after buying an additional 164,206 shares during the period. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Up 3.9 %

NYSE:MUFG traded up $0.51 during mid-day trading on Tuesday, hitting $13.32. 2,980,705 shares of the stock traded hands, compared to its average volume of 2,901,774. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $13.34. The stock has a market capitalization of $160.68 billion, a price-to-earnings ratio of 12.22, a PEG ratio of 1.13 and a beta of 0.61. The firm's 50 day moving average is $12.12 and its two-hundred day moving average is $11.19.

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%. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Saturday, November 23rd.

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.