Mitsubishi UFJ Financial Group, Inc. $MUFG Stock Position Raised by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp increased its stake in Mitsubishi UFJ Financial Group by 834.1% in Q3, adding 476,941 shares to hold 534,118 shares valued at about $8.51 million.
• Other large institutions (notably Fisher Asset Management) also boosted positions, leaving institutional ownership at 13.59%, and analysts now show a consensus "Buy" rating after MUFG recently beat Q4 EPS estimates ($0.32 vs. $0.30).

Tudor Investment Corp ET AL lifted its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 834.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 534,118 shares of the company's stock after buying an additional 476,941 shares during the period. Tudor Investment Corp ET AL's holdings in Mitsubishi UFJ Financial Group were worth $8,514,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Fisher Asset Management LLC grew its position in shares of Mitsubishi UFJ Financial Group by 2.2% during the 3rd quarter. Fisher Asset Management LLC now owns 91,486,499 shares of the company's stock valued at $1,458,295,000 after buying an additional 1,973,325 shares during the last quarter. Natixis Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 14.9% during the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company's stock valued at $211,061,000 after buying an additional 1,718,759 shares during the last quarter. Northern Trust Corp grew its position in shares of Mitsubishi UFJ Financial Group by 1.9% during the 3rd quarter. Northern Trust Corp now owns 11,397,833 shares of the company's stock valued at $181,681,000 after buying an additional 211,265 shares during the last quarter. Chevy Chase Trust Holdings LLC grew its position in shares of Mitsubishi UFJ Financial Group by 1.0% during the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 6,222,247 shares of the company's stock valued at $99,183,000 after buying an additional 59,242 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of Mitsubishi UFJ Financial Group by 1.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,941,830 shares of the company's stock valued at $78,773,000 after buying an additional 93,051 shares during the last quarter. Institutional investors own 13.59% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group raised shares of Mitsubishi UFJ Financial Group to a "strong-buy" rating in a research report on Thursday, January 22nd. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a "hold (c)" rating to a "buy (b-)" rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

Mitsubishi UFJ Financial Group Stock Up 0.7%

Mitsubishi UFJ Financial Group stock opened at $17.60 on Tuesday. The firm has a 50-day moving average price of $17.91 and a two-hundred day moving average price of $16.61. The firm has a market capitalization of $208.81 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 0.78 and a beta of 0.38. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $10.46 and a 52-week high of $20.15.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Wednesday, February 4th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.02. Mitsubishi UFJ Financial Group had a net margin of 13.87% and a return on equity of 9.58%. Research analysts expect 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 (MUFG) is a Tokyo-based financial services holding company and one of Japan's largest banking groups and among the world's leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG's core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.

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