Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Holdings Lifted by Wells Fargo & Company MN

Wells Fargo & Company MN grew its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 9.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,556,797 shares of the company's stock after acquiring an additional 228,971 shares during the period. Wells Fargo & Company MN's holdings in Mitsubishi UFJ Financial Group were worth $29,966,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Whipplewood Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $29,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $55,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock worth $59,000 after purchasing an additional 1,279 shares during the last quarter. Sierra Ocean LLC acquired a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at approximately $62,000. Finally, Versant Capital Management Inc bought a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $71,000. Institutional investors own 13.59% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Wednesday, April 9th.

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Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE:MUFG traded up $0.24 during trading hours on Tuesday, hitting $11.90. The stock had a trading volume of 5,000,887 shares, compared to its average volume of 3,598,127. 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 stock's fifty day simple moving average is $12.89 and its 200 day simple moving average is $11.99. The firm has a market capitalization of $143.55 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 1.16 and a beta of 0.39. 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 announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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%. Sell-side 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.