Guardian Partners Inc. Buys Shares of 585,173 Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Guardian Partners Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 585,173 shares of the company’s stock, valued at approximately $7,069,000.

A number of other hedge funds have also added to or reduced their stakes in MUFG. Raymond James Financial Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $29,252,000. 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 valued at $79,947,000 after acquiring an additional 1,067,409 shares during the period. Artemis Investment Management LLP bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $10,880,000. Natixis Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company’s stock valued at $115,452,000 after acquiring an additional 507,578 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of 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 valued at $5,240,000 after acquiring an additional 301,065 shares during the period. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Up 4.5 %

Shares of MUFG stock opened at $14.97 on Friday. 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 debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The firm has a market capitalization of $180.68 billion, a PE ratio of 13.74, a PEG ratio of 1.16 and a beta of 0.60. The stock has a fifty day simple moving average of $12.82 and a two-hundred day simple moving average of $11.71.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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%. On average, analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Mitsubishi UFJ Financial Group Company Profile

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.