Thornburg Investment Management Inc. Reduces Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Thornburg Investment Management Inc. lowered its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.4% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 435,141 shares of the company’s stock after selling 6,276 shares during the period. Thornburg Investment Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $4,450,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fisher Asset Management LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $57,968,000. Chevy Chase Trust Holdings LLC lifted its stake in Mitsubishi UFJ Financial Group by 602.7% in the 1st quarter. Chevy Chase Trust Holdings LLC now owns 5,661,392 shares of the company’s stock worth $57,916,000 after purchasing an additional 4,855,722 shares in the last quarter. Natixis Advisors L.P. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 6.6% during the 4th quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company’s stock worth $101,493,000 after purchasing an additional 727,837 shares during the last quarter. Brandes Investment Partners LP increased its holdings in shares of Mitsubishi UFJ Financial Group by 42.8% in the fourth quarter. Brandes Investment Partners LP now owns 2,410,931 shares of the company’s stock valued at $20,758,000 after purchasing an additional 722,644 shares during the last quarter. Finally, Moran Wealth Management LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $5,070,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Down 1.7 %

NYSE MUFG traded down $0.19 on Wednesday, reaching $11.22. 1,289,261 shares of the company were exchanged, compared to its average volume of 2,602,125. The business’s fifty day moving average price is $10.55 and its 200 day moving average price is $10.10. The stock has a market capitalization of $131.57 billion, a P/E ratio of 12.90, a price-to-earnings-growth ratio of 0.97 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.38 and a fifty-two week high of $11.48.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a return on equity of 7.91% and a net margin of 12.68%. The business had revenue of $22.78 billion for the quarter. Equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.