Clearbridge Investments LLC Has $44.80 Million Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Clearbridge Investments LLC lifted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 325.9% during the 4th quarter, HoldingsChannel reports. The fund owned 3,822,530 shares of the company’s stock after purchasing an additional 2,924,979 shares during the period. Clearbridge Investments LLC’s holdings in Mitsubishi UFJ Financial Group were worth $44,800,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MUFG. Charles Schwab Investment Management Inc. increased its stake in shares of Mitsubishi UFJ Financial Group by 14.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company’s stock valued at $7,122,000 after buying an additional 88,034 shares during the period. BNP Paribas Financial Markets grew its holdings 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 acquiring an additional 301,065 shares during the last quarter. Walleye Capital LLC increased its position in Mitsubishi UFJ Financial Group by 44.8% in the 3rd quarter. Walleye Capital LLC now owns 58,152 shares of the company’s stock valued at $592,000 after acquiring an additional 17,986 shares during the period. Rockefeller Capital Management L.P. raised its stake in shares of Mitsubishi UFJ Financial Group by 10.5% during the third quarter. Rockefeller Capital Management L.P. now owns 53,964 shares of the company’s stock valued at $549,000 after acquiring an additional 5,147 shares during the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Mitsubishi UFJ Financial Group by 13.5% during the third quarter. Captrust Financial Advisors now owns 87,556 shares of the company’s stock worth $891,000 after purchasing an additional 10,434 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday.

Mitsubishi UFJ Financial Group Trading Down 2.4 %

Shares of MUFG stock opened at $13.31 on Wednesday. The stock has a 50-day moving average of $13.10 and a 200-day moving average of $11.91. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The stock has a market cap of $160.56 billion, a price-to-earnings ratio of 12.21, a PEG ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping 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 earnings per share for the current year.

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.