Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Stake Boosted by Todd Asset Management LLC

Todd Asset Management LLC increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 0.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,069,663 shares of the company's stock after acquiring an additional 24,038 shares during the quarter. Mitsubishi UFJ Financial Group makes up about 1.1% of Todd Asset Management LLC's portfolio, making the stock its 25th biggest holding. Todd Asset Management LLC's holdings in Mitsubishi UFJ Financial Group were worth $47,696,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in MUFG. Allspring Global Investments Holdings LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 30.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 75,887 shares of the company's stock valued at $773,000 after buying an additional 17,933 shares during the period. Ballentine Partners LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 6.2% during the 3rd quarter. Ballentine Partners LLC now owns 59,700 shares of the company's stock worth $608,000 after buying an additional 3,483 shares in the last quarter. Allworth Financial LP grew its stake in shares of Mitsubishi UFJ Financial Group by 46.2% during the 3rd quarter. Allworth Financial LP now owns 16,148 shares of the company's stock worth $164,000 after purchasing an additional 5,102 shares during the period. Modera Wealth Management LLC acquired a new position in Mitsubishi UFJ Financial Group during the third quarter worth about $184,000. Finally, Diversify Wealth Management LLC raised its holdings in Mitsubishi UFJ Financial Group by 4.9% during the third quarter. Diversify Wealth Management LLC now owns 89,961 shares of the company's stock worth $918,000 after purchasing an additional 4,186 shares during the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

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Mitsubishi UFJ Financial Group Stock Down 2.0 %

Shares of NYSE:MUFG traded down $0.27 during midday trading on Friday, hitting $12.74. 3,879,242 shares of the company's stock traded hands, compared to its average volume of 3,125,057. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $13.34. The company has a market cap of $153.68 billion, a PE ratio of 11.68, a P/E/G ratio of 1.16 and a beta of 0.61. 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 firm's fifty day moving average price is $12.28 and its two-hundred day moving average price is $11.36.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its earnings results 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%. On average, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.