Madison Investment Advisors LLC Takes Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Madison Investment Advisors LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 173,804 shares of the company's stock, valued at approximately $2,037,000.

Several other large investors have also recently bought and sold shares of MUFG. Janney Montgomery Scott LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 12.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 118,568 shares of the company's stock valued at $1,207,000 after purchasing an additional 13,196 shares during the period. Assetmark Inc. increased its stake in Mitsubishi UFJ Financial Group by 9.5% in the 3rd quarter. Assetmark Inc. now owns 46,058 shares of the company's stock valued at $469,000 after buying an additional 3,997 shares during the period. Atria Investments Inc lifted its position in Mitsubishi UFJ Financial Group by 17.1% in the 3rd quarter. Atria Investments Inc now owns 306,507 shares of the company's stock worth $3,120,000 after buying an additional 44,800 shares in the last quarter. Venturi Wealth Management LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company's stock valued at $54,000 after buying an additional 2,229 shares during the period. Finally, Oppenheimer Asset Management Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 2.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 68,398 shares of the company's stock valued at $696,000 after acquiring an additional 1,336 shares in the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Stock Up 3.0 %

Shares of Mitsubishi UFJ Financial Group stock traded up $0.42 during trading on Tuesday, hitting $14.28. 34,027,511 shares of the stock traded hands, compared to its average volume of 2,679,478. The stock has a market cap of $172.27 billion, a P/E ratio of 13.10, a PEG ratio of 1.16 and a beta of 0.60. The company has a fifty day moving average price of $12.62 and a two-hundred day moving average price of $11.61. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $14.39. 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 (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 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%. Equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS 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.