Whittier Trust Co. of Nevada Inc. Buys 18,954 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Whittier Trust Co. of Nevada Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 120.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 34,695 shares of the company's stock after acquiring an additional 18,954 shares during the period. Whittier Trust Co. of Nevada Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $407,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Barclays PLC bought a new stake in Mitsubishi UFJ Financial Group in the third quarter valued at about $752,000. Fisher Asset Management LLC grew its position in shares of Mitsubishi UFJ Financial Group by 15.7% during the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company's stock worth $79,947,000 after buying an additional 1,067,409 shares during the period. Custom Index Systems LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $281,000. Synovus Financial Corp raised its position in shares of Mitsubishi UFJ Financial Group by 24.4% in the 3rd quarter. Synovus Financial Corp now owns 301,550 shares of the company's stock valued at $3,070,000 after acquiring an additional 59,053 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in Mitsubishi UFJ Financial Group by 41.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company's stock worth $2,629,000 after acquiring an additional 75,997 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Trading Up 0.5 %

Shares of MUFG traded up $0.08 during trading hours on Thursday, reaching $14.45. The stock had a trading volume of 7,610,306 shares, compared to its average volume of 3,076,542. The company has a market cap of $174.32 billion, a P/E ratio of 13.25, a P/E/G ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. 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 firm has a 50-day moving average of $12.97 and a 200 day moving average of $11.80.

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

Analysts Set New Price Targets

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

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.