Headlands Technologies LLC Trims Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Headlands Technologies LLC reduced its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 90.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,691 shares of the company's stock after selling 54,647 shares during the quarter. Headlands Technologies LLC's holdings in Mitsubishi UFJ Financial Group were worth $67,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Clearbridge Investments LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 325.9% during the 4th quarter. Clearbridge Investments LLC now owns 3,822,530 shares of the company's stock worth $44,800,000 after purchasing an additional 2,924,979 shares during the period. Raymond James Financial Inc. bought a new stake in Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,252,000. Artemis Investment Management LLP bought a new stake in Mitsubishi UFJ Financial Group in the fourth quarter worth about $10,880,000. Guardian Partners Inc. purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter valued at about $7,069,000. Finally, Natixis Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock valued at $115,452,000 after acquiring an additional 507,578 shares during the period. Hedge funds and other institutional investors own 13.59% of the company's stock.

Analysts Set New Price Targets

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

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Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG traded up $0.50 during mid-day trading on Friday, hitting $11.60. The stock had a trading volume of 11,886,979 shares, compared to its average volume of 3,570,353. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The firm has a market cap of $139.97 billion, a P/E ratio of 10.64, a PEG ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. The business has a fifty day moving average price of $12.91 and a 200-day moving average price of $11.97.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) 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%. On average, equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current 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.