Atria Investments Inc boosted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 10.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 339,080 shares of the company's stock after buying an additional 32,573 shares during the period. Atria Investments Inc's holdings in Mitsubishi UFJ Financial Group were worth $3,974,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Fisher Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company's stock valued at $79,947,000 after acquiring an additional 1,067,409 shares during the period. Artemis Investment Management LLP purchased a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth about $10,880,000. BNP Paribas Financial Markets increased its position in Mitsubishi UFJ Financial Group by 140.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company's stock worth $5,240,000 after purchasing an additional 301,065 shares in the last quarter. Chevy Chase Trust Holdings LLC raised its holdings in Mitsubishi UFJ Financial Group by 4.2% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company's stock valued at $69,737,000 after buying an additional 241,685 shares during the period. Finally, Quantinno Capital Management LP raised its holdings in Mitsubishi UFJ Financial Group by 31.6% in the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company's stock valued at $8,119,000 after buying an additional 191,368 shares during the period. Hedge funds and other institutional investors own 13.59% of the company's stock.
Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Wednesday.
Read Our Latest Analysis on Mitsubishi UFJ Financial Group
NYSE MUFG traded up $0.05 during trading hours on Friday, hitting $13.02. The company had a trading volume of 3,881,008 shares, compared to its average volume of 2,383,148. The firm's 50 day moving average is $12.44 and its 200 day moving average is $11.48. The company has a market capitalization of $157.07 billion, a price-to-earnings ratio of 11.94, a P/E/G ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $13.34. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its 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 anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
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.
Before you consider Mitsubishi UFJ Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi UFJ Financial Group wasn't on the list.
While Mitsubishi UFJ Financial Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.