Guardian Partners Inc. Takes $7.07 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Guardian Partners Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 585,173 shares of the company's stock, valued at approximately $7,069,000.

Other institutional investors also recently bought and sold shares of the company. Sei Investments Co. boosted its position in shares of Mitsubishi UFJ Financial Group by 1.6% in the fourth quarter. Sei Investments Co. now owns 4,092,847 shares of the company's stock worth $47,968,000 after buying an additional 64,808 shares during the period. American Century Companies Inc. lifted its position in Mitsubishi UFJ Financial Group by 5.7% during the 4th quarter. American Century Companies Inc. now owns 1,868,197 shares of the company's stock worth $21,895,000 after acquiring an additional 100,677 shares in the last quarter. Ballast Advisors LLC boosted its holdings in Mitsubishi UFJ Financial Group by 2.1% in the 4th quarter. Ballast Advisors LLC now owns 63,069 shares of the company's stock worth $739,000 after acquiring an additional 1,279 shares during the period. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 120.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 34,695 shares of the company's stock valued at $407,000 after purchasing an additional 18,954 shares during the period. Finally, Whittier Trust Co. raised its stake in shares of Mitsubishi UFJ Financial Group by 50.5% during the fourth quarter. Whittier Trust Co. now owns 154,941 shares of the company's stock valued at $1,816,000 after purchasing an additional 52,006 shares during the period. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research note on Monday.

Mitsubishi UFJ Financial Group Stock Up 0.5 %

Shares of Mitsubishi UFJ Financial Group stock traded up $0.08 during trading hours on Thursday, hitting $14.45. 7,610,306 shares of the company's stock traded hands, compared to its average volume of 3,078,242. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03. The company has a market cap of $174.32 billion, a PE ratio of 13.25, a PEG ratio of 1.16 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The stock has a 50 day simple moving average of $13.02 and a 200-day simple moving average of $11.81.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share 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%. Equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group 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.