Dorsey & Whitney Trust CO LLC Acquires 3,052 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Dorsey & Whitney Trust CO LLC grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 64,457 shares of the company’s stock after buying an additional 3,052 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Mitsubishi UFJ Financial Group were worth $755,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Fisher Asset Management LLC lifted its stake in 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 valued at $79,947,000 after acquiring an additional 1,067,409 shares during the period. Chevy Chase Trust Holdings LLC raised its position 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 worth $69,737,000 after acquiring an additional 241,685 shares during the period. Todd Asset Management LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 0.6% during the 4th quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company’s stock worth $47,696,000 after acquiring an additional 24,038 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth $29,252,000. Finally, Bank of New York Mellon Corp grew its position in shares of Mitsubishi UFJ Financial Group by 17.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company’s stock valued at $12,783,000 after acquiring an additional 164,011 shares during the period. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 0.4 %

MUFG stock opened at $13.02 on Monday. The business’s 50-day moving average price is $12.44 and its 200-day moving average price is $11.49. The stock has a market cap of $157.07 billion, a P/E ratio of 11.94, a PEG ratio of 1.16 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $13.34.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. On average, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 5th.

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.