Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC raised its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 54.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 389,690 shares of the company's stock after buying an additional 137,224 shares during the period. Orion Portfolio Solutions LLC's holdings in Mitsubishi UFJ Financial Group were worth $4,567,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in Mitsubishi UFJ Financial Group in the fourth quarter worth $29,252,000. Artemis Investment Management LLP purchased a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth about $10,880,000. Guardian Partners Inc. purchased a new position in Mitsubishi UFJ Financial Group in the 4th quarter worth about $7,069,000. Natixis Advisors LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 5.4% in the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock worth $115,452,000 after purchasing an additional 507,578 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in shares of Mitsubishi UFJ Financial Group by 140.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company's stock worth $5,240,000 after purchasing an additional 301,065 shares in the last quarter. 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 Tuesday.

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Mitsubishi UFJ Financial Group Trading Down 8.2 %

MUFG traded down $1.09 on Thursday, hitting $12.13. The company had a trading volume of 8,919,306 shares, compared to its average volume of 3,235,903. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $15.03. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The business's fifty day simple moving average is $13.13 and its 200 day simple moving average is $11.92. The company has a market cap of $146.43 billion, a PE ratio of 11.13, a PEG ratio of 1.16 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted 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%. 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.