Todd Asset Management LLC Buys 24,038 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Todd Asset Management LLC grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,069,663 shares of the company’s stock after acquiring an additional 24,038 shares during the period. Mitsubishi UFJ Financial Group accounts for 1.1% of Todd Asset Management LLC’s holdings, making the stock its 25th biggest holding. Todd Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $47,696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its stake in Mitsubishi UFJ Financial Group by 15.7% in the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after acquiring an additional 1,067,409 shares in the last quarter. Chevy Chase Trust Holdings LLC grew its stake in Mitsubishi UFJ Financial Group by 4.2% in the 4th 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 in the last quarter. Bank of New York Mellon Corp grew its stake in Mitsubishi UFJ Financial Group by 17.7% in the 4th quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company’s stock worth $12,783,000 after acquiring an additional 164,011 shares in the last quarter. Artemis Investment Management LLP bought a new position in Mitsubishi UFJ Financial Group in the 4th quarter worth about $10,880,000. Finally, Crossmark Global Holdings Inc. lifted its position in shares of Mitsubishi UFJ Financial Group by 0.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock worth $10,245,000 after purchasing an additional 8,155 shares during the period. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Down 0.5 %

NYSE:MUFG opened at $12.58 on Tuesday. The firm has a market capitalization of $151.75 billion, a P/E ratio of 11.54, a PEG ratio of 1.16 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $13.34. The company’s fifty day moving average price is $12.20 and its 200-day moving average price is $11.32. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) 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%. As a group, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group 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.