Madison Investment Advisors LLC Makes New Investment in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Madison Investment Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 173,804 shares of the company’s stock, valued at approximately $2,037,000.

Other large investors have also modified their holdings of the company. Whipplewood Advisors LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth $29,000. Steward Partners Investment Advisory LLC increased its position in shares of Mitsubishi UFJ Financial Group by 33.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after acquiring an additional 1,279 shares during the period. Sierra Ocean LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth $62,000. Venturi Wealth Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after buying an additional 2,229 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Mitsubishi UFJ Financial Group in the third quarter valued at $55,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Analyst Upgrades and Downgrades

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

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $13.18 on Friday. The stock’s 50-day moving average is $12.54 and its two-hundred day moving average is $11.54. The firm has a market cap of $158.99 billion, a price-to-earnings ratio of 12.09, 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 $13.51. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data 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 return on equity of 9.27% and a net margin of 14.19%. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

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.