Bank of New York Mellon Corp Grows Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Bank of New York Mellon Corp grew its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 17.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,090,733 shares of the company's stock after acquiring an additional 164,011 shares during the quarter. Bank of New York Mellon Corp's holdings in Mitsubishi UFJ Financial Group were worth $12,783,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MUFG. Fisher Asset Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company's stock valued at $79,947,000 after acquiring an additional 1,067,409 shares during the period. Artemis Investment Management LLP acquired a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $10,880,000. BNP Paribas Financial Markets boosted its holdings in shares of Mitsubishi UFJ Financial Group by 140.9% in the third 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 during the period. Chevy Chase Trust Holdings LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 4.2% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company's stock valued at $69,737,000 after acquiring an additional 241,685 shares during the period. Finally, Quantinno Capital Management LP boosted its holdings in shares of Mitsubishi UFJ Financial Group by 31.6% in the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company's stock valued at $8,119,000 after acquiring an additional 191,368 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.

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Mitsubishi UFJ Financial Group Stock Performance

Shares of Mitsubishi UFJ Financial Group stock traded up $0.51 during trading hours on Friday, hitting $13.68. 17,671,105 shares of the company were exchanged, compared to its average volume of 2,473,536. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $13.71. 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 business has a 50-day moving average of $12.58 and a 200-day moving average of $11.57. The stock has a market capitalization of $165.03 billion, a price-to-earnings ratio of 12.55, a P/E/G ratio of 1.16 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate 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%. As a group, analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal 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 note on Wednesday, March 5th.

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.