Teachers Retirement System of The State of Kentucky Boosts Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Teachers Retirement System of The State of Kentucky raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 7.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,509,710 shares of the company's stock after purchasing an additional 167,570 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in Mitsubishi UFJ Financial Group were worth $29,414,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

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 Stock Performance

Shares of Mitsubishi UFJ Financial Group stock traded up $0.03 during mid-day trading on Friday, hitting $12.28. 3,700,900 shares of the stock were exchanged, compared to its average volume of 3,703,849. 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 50-day simple moving average of $12.76 and a 200 day simple moving average of $12.07. The company has a market capitalization of $148.19 billion, a P/E ratio of 11.27, a P/E/G ratio of 1.16 and a beta of 0.39. 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 (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, topping 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%. Sell-side analysts anticipate 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.