QRG Capital Management Inc. Acquires 81,130 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

QRG Capital Management Inc. lifted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 11.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 768,195 shares of the company's stock after buying an additional 81,130 shares during the quarter. QRG Capital Management Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $9,003,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MUFG. Fisher Asset Management LLC lifted its stake in Mitsubishi UFJ Financial Group by 15.7% in the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company's stock worth $79,947,000 after purchasing an additional 1,067,409 shares in the last quarter. Chevy Chase Trust Holdings LLC increased 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 worth $69,737,000 after purchasing an additional 241,685 shares during the period. Todd Asset Management LLC raised its position in shares of Mitsubishi UFJ Financial Group by 0.6% in the fourth quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company's stock worth $47,696,000 after buying an additional 24,038 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Mitsubishi UFJ Financial Group by 17.7% during the fourth quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company's stock valued at $12,783,000 after buying an additional 164,011 shares during the period. Finally, Artemis Investment Management LLP purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth about $10,880,000. 13.59% of the stock is currently owned by institutional investors.

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Mitsubishi UFJ Financial Group Price Performance

MUFG traded up $0.11 on Monday, reaching $12.84. The company had a trading volume of 4,990,629 shares, compared to its average volume of 3,171,698. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $13.34. The company has a market cap of $154.95 billion, a price-to-earnings ratio of 11.78, a P/E/G ratio of 1.16 and a beta of 0.61. The business has a 50 day simple moving average of $12.31 and a 200 day simple moving average of $11.40.

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 for the quarter, beating 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%. As a group, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a report on Tuesday, February 25th.

Mitsubishi UFJ Financial Group Company 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.