Clearbridge Investments LLC Increases Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Clearbridge Investments LLC boosted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 325.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,822,530 shares of the company's stock after buying an additional 2,924,979 shares during the quarter. Clearbridge Investments LLC's holdings in Mitsubishi UFJ Financial Group were worth $44,800,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 14.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company's stock worth $7,122,000 after buying an additional 88,034 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Mitsubishi UFJ Financial Group by 140.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company's stock valued at $5,240,000 after acquiring an additional 301,065 shares in the last quarter. Walleye Capital LLC raised its position in Mitsubishi UFJ Financial Group by 44.8% during the third quarter. Walleye Capital LLC now owns 58,152 shares of the company's stock worth $592,000 after acquiring an additional 17,986 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 10.5% in the third quarter. Rockefeller Capital Management L.P. now owns 53,964 shares of the company's stock valued at $549,000 after purchasing an additional 5,147 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Mitsubishi UFJ Financial Group by 13.5% in the third quarter. Captrust Financial Advisors now owns 87,556 shares of the company's stock valued at $891,000 after purchasing an additional 10,434 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

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Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG traded down $1.06 during trading on Friday, reaching $11.05. The company had a trading volume of 21,739,226 shares, compared to its average volume of 3,330,820. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The stock has a market capitalization of $133.29 billion, a PE ratio of 10.13, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03. The stock has a 50-day moving average price of $13.10 and a two-hundred day moving average price of $11.95.

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

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Tuesday, April 1st.

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.