Fmr LLC Lowers Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

FMR LLC decreased its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 3.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,963,431 shares of the company's stock after selling 192,627 shares during the period. FMR LLC's holdings in Mitsubishi UFJ Financial Group were worth $50,528,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Natixis Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 3.2% in the 2nd quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company's stock valued at $130,248,000 after acquiring an additional 379,105 shares during the last quarter. Fisher Asset Management LLC lifted its stake 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 valued at $79,947,000 after purchasing an additional 1,067,409 shares during the last quarter. Chevy Chase Trust Holdings LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 3.8% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 5,879,191 shares of the company's stock worth $63,495,000 after purchasing an additional 217,799 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,440,510 shares of the company's stock valued at $47,958,000 after purchasing an additional 135,773 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Mitsubishi UFJ Financial Group by 6.4% during the 2nd quarter. Sei Investments Co. now owns 3,250,210 shares of the company's stock valued at $35,102,000 after buying an additional 195,882 shares during the period. 13.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

Mitsubishi UFJ Financial Group Trading Down 0.3 %

Mitsubishi UFJ Financial Group stock traded down $0.04 during midday trading on Friday, reaching $12.04. The stock had a trading volume of 1,186,512 shares, compared to its average volume of 1,604,989. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The firm has a market cap of $140.35 billion, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 1.11 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.19 and a 52-week high of $12.31. The company has a fifty day moving average of $11.07 and a 200 day moving average of $10.69.

About Mitsubishi UFJ Financial Group

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.