Whittier Trust Co. Has $1.82 Million Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Whittier Trust Co. boosted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 50.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,941 shares of the company's stock after acquiring an additional 52,006 shares during the quarter. Whittier Trust Co.'s holdings in Mitsubishi UFJ Financial Group were worth $1,816,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 301,488 shares of the company's stock valued at $3,069,000 after acquiring an additional 5,805 shares during the period. Advisors Asset Management Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 14.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 51,247 shares of the company's stock worth $522,000 after purchasing an additional 6,637 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Mitsubishi UFJ Financial Group by 14.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company's stock valued at $7,122,000 after purchasing an additional 88,034 shares during the last quarter. Eagle Asset Management Inc. boosted its position in Mitsubishi UFJ Financial Group by 11.3% in the third quarter. Eagle Asset Management Inc. now owns 63,142 shares of the company's stock valued at $643,000 after buying an additional 6,386 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company's stock worth $8,327,000 after buying an additional 189,887 shares during the last quarter. Institutional investors own 13.59% of the company's stock.

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Analysts Set New Price Targets

Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research note on Monday.

Mitsubishi UFJ Financial Group Price Performance

MUFG traded down $0.29 during trading on Wednesday, hitting $14.37. The company's stock had a trading volume of 10,283,194 shares, compared to its average volume of 3,051,029. 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 stock has a market capitalization of $173.35 billion, a price-to-earnings ratio of 13.18, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The firm's 50 day moving average price is $12.93 and its two-hundred day moving average price is $11.78. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results 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%. Sell-side analysts forecast 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.