Tudor Investment Corp ET AL raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 834.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 534,118 shares of the company’s stock after acquiring an additional 476,941 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Mitsubishi UFJ Financial Group were worth $8,514,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in MUFG. Fisher Asset Management LLC boosted its position in Mitsubishi UFJ Financial Group by 2.2% in the 3rd quarter. Fisher Asset Management LLC now owns 91,486,499 shares of the company’s stock valued at $1,458,295,000 after buying an additional 1,973,325 shares during the period. Natixis Advisors LLC raised its position in Mitsubishi UFJ Financial Group by 14.9% in the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company’s stock valued at $211,061,000 after purchasing an additional 1,718,759 shares in the last quarter. Northern Trust Corp grew its position in shares of Mitsubishi UFJ Financial Group by 1.9% during the third quarter. Northern Trust Corp now owns 11,397,833 shares of the company’s stock worth $181,681,000 after buying an additional 211,265 shares in the last quarter. Chevy Chase Trust Holdings LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 1.0% during the third quarter. Chevy Chase Trust Holdings LLC now owns 6,222,247 shares of the company’s stock worth $99,183,000 after buying an additional 59,242 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in Mitsubishi UFJ Financial Group by 1.9% in the third quarter. Envestnet Asset Management Inc. now owns 4,941,830 shares of the company’s stock valued at $78,773,000 after acquiring an additional 93,051 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.
Mitsubishi UFJ Financial Group Stock Performance
NYSE MUFG opened at $16.45 on Monday. The company has a fifty day moving average of $18.17 and a two-hundred day moving average of $16.50. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.85 and a quick ratio of 0.89. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $10.46 and a 1 year high of $20.15. The company has a market capitalization of $195.21 billion, a PE ratio of 14.43, a P/E/G ratio of 0.87 and a beta of 0.33.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Zacks Research cut shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Finally, UBS Group raised Mitsubishi UFJ Financial Group to a “strong-buy” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy”.
Check Out Our Latest Analysis on Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Company Profile
Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.
MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.
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