Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 4.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,197,764 shares of the company's stock after purchasing an additional 247,508 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Mitsubishi UFJ Financial Group worth $84,476,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Whipplewood Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,000. Financial Management Professionals Inc. lifted its stake in Mitsubishi UFJ Financial Group by 116.7% during the 1st quarter. Financial Management Professionals Inc. now owns 3,257 shares of the company's stock valued at $44,000 after acquiring an additional 1,754 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock valued at $59,000 after acquiring an additional 1,279 shares during the last quarter. Addison Advisors LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 26.0% in the fourth quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock worth $72,000 after acquiring an additional 1,263 shares during the period. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth $98,000. Institutional investors and hedge funds own 13.59% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Saturday, June 14th.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock traded up $0.33 during midday trading on Tuesday, hitting $13.76. 4,018,147 shares of the company were exchanged, compared to its average volume of 4,251,626. The business has a fifty day simple moving average of $13.09 and a two-hundred day simple moving average of $12.70. The firm has a market capitalization of $165.99 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 0.90 and a beta of 0.41. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.10. The firm had revenue of $22.91 billion during the quarter, compared to analysts' expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 13.70% and a return on equity of 9.18%. As a group, equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

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.