Rockefeller Capital Management L.P. Increases Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Rockefeller Capital Management L.P. raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 182.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 152,526 shares of the company's stock after purchasing an additional 98,562 shares during the period. Rockefeller Capital Management L.P.'s holdings in Mitsubishi UFJ Financial Group were worth $1,787,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Financial Advisors Inc. boosted its stake in Mitsubishi UFJ Financial Group by 18.0% during the fourth quarter. Legacy Financial Advisors Inc. now owns 23,591 shares of the company's stock worth $276,000 after buying an additional 3,591 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at about $29,252,000. Renaissance Technologies LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 1.4% in the fourth quarter. Renaissance Technologies LLC now owns 561,631 shares of the company's stock valued at $6,582,000 after purchasing an additional 7,720 shares during the period. Bank of Montreal Can grew its holdings in shares of Mitsubishi UFJ Financial Group by 47.0% in the fourth quarter. Bank of Montreal Can now owns 103,952 shares of the company's stock valued at $1,218,000 after purchasing an additional 33,220 shares during the period. Finally, Quadrant Capital Group LLC increased its position in Mitsubishi UFJ Financial Group by 1.2% during the fourth quarter. Quadrant Capital Group LLC now owns 112,554 shares of the company's stock worth $1,319,000 after purchasing an additional 1,306 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Friday, April 18th.

Mitsubishi UFJ Financial Group Trading Up 1.4 %

MUFG traded up $0.17 during trading hours on Wednesday, reaching $12.08. The company's stock had a trading volume of 8,220,896 shares, compared to its average volume of 3,672,879. The stock has a market cap of $145.78 billion, a PE ratio of 11.08, a P/E/G ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03. 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 business's 50-day moving average is $12.81 and its 200-day moving average is $12.05.

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