Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 5.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 837,745 shares of the company's stock after acquiring an additional 39,598 shares during the period. Massachusetts Financial Services Co. MA's holdings in Mitsubishi UFJ Financial Group were worth $9,818,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Natixis Advisors LLC boosted its holdings in Mitsubishi UFJ Financial Group by 5.4% in the fourth quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock valued at $115,452,000 after purchasing an additional 507,578 shares during the last quarter. Chevy Chase Trust Holdings LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 4.2% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company's stock valued at $69,737,000 after buying an additional 241,685 shares during the period. Sei Investments Co. boosted its stake 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 last quarter. Todd Asset Management LLC grew its holdings in Mitsubishi UFJ Financial Group by 0.6% during the fourth quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company's stock worth $47,696,000 after acquiring an additional 24,038 shares during the period. Finally, Clearbridge Investments LLC raised its position in Mitsubishi UFJ Financial Group by 325.9% during the fourth quarter. Clearbridge Investments LLC now owns 3,822,530 shares of the company's stock valued at $44,800,000 after acquiring an additional 2,924,979 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.

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Analyst Upgrades and Downgrades

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

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG traded up $0.50 during mid-day trading on Friday, reaching $11.60. 11,886,979 shares of the stock were exchanged, compared to its average volume of 3,570,353. The company has a market capitalization of $139.97 billion, a P/E ratio of 10.64, a P/E/G ratio of 1.16 and a beta of 0.39. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The business's 50 day moving average is $12.91 and its 200-day moving average is $11.97. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its 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%. On average, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

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.