89,228 Shares in Mitsubishi UFJ Financial Group, Inc. $MUFG Acquired by Baird Financial Group Inc.

Baird Financial Group Inc. acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 89,228 shares of the company's stock, valued at approximately $1,216,000.

Several other institutional investors also recently made changes to their positions in the stock. Evergreen Capital Management LLC lifted its position in Mitsubishi UFJ Financial Group by 0.9% in the first quarter. Evergreen Capital Management LLC now owns 87,011 shares of the company's stock worth $1,186,000 after purchasing an additional 796 shares during the period. Commerce Bank raised its stake in Mitsubishi UFJ Financial Group by 5.3% during the 1st quarter. Commerce Bank now owns 17,478 shares of the company's stock valued at $238,000 after purchasing an additional 878 shares during the period. May Hill Capital LLC raised its stake in Mitsubishi UFJ Financial Group by 9.3% during the 1st quarter. May Hill Capital LLC now owns 11,258 shares of the company's stock valued at $153,000 after purchasing an additional 961 shares during the period. Lindbrook Capital LLC raised its stake in Mitsubishi UFJ Financial Group by 3.2% during the 1st quarter. Lindbrook Capital LLC now owns 31,495 shares of the company's stock valued at $429,000 after purchasing an additional 983 shares during the period. Finally, Wedmont Private Capital increased its stake in shares of Mitsubishi UFJ Financial Group by 3.9% in the first quarter. Wedmont Private Capital now owns 29,658 shares of the company's stock worth $404,000 after acquiring an additional 1,126 shares during the last quarter. 13.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MUFG shares. Wall Street Zen upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. Zacks Research raised shares of Mitsubishi UFJ Financial Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat, Mitsubishi UFJ Financial Group presently has a consensus rating of "Strong Buy".

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG traded down $0.08 on Friday, hitting $15.57. The company had a trading volume of 2,175,183 shares, compared to its average volume of 3,581,078. The stock has a market capitalization of $187.89 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 1.14 and a beta of 0.39. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.86. The firm has a 50 day moving average of $14.62 and a two-hundred day moving average of $13.63. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $9.85 and a 52 week high of $16.16.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its earnings results on Monday, August 4th. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.29 by $0.03. Mitsubishi UFJ Financial Group had a net margin of 13.95% and a return on equity of 9.35%. The business had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $9.86 billion. On average, research analysts anticipate 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.