Millennium Management LLC Has $8.46 Million Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Millennium Management LLC lifted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 50.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 721,805 shares of the company's stock after acquiring an additional 242,932 shares during the quarter. Millennium Management LLC's holdings in Mitsubishi UFJ Financial Group were worth $8,460,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MUFG. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth about $29,000. Steward Partners Investment Advisory LLC boosted its stake in Mitsubishi UFJ Financial Group by 33.9% during 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. Sierra Ocean LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth approximately $62,000. Addison Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 26.0% in the 4th quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock valued at $72,000 after acquiring an additional 1,263 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at approximately $98,000. Hedge funds and other institutional investors 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 research report on Friday, May 16th.

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock traded up $0.35 during midday trading on Friday, hitting $14.07. The company's stock had a trading volume of 2,503,638 shares, compared to its average volume of 4,072,954. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $169.84 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $15.03. The stock's 50-day moving average price is $12.66 and its 200-day moving average price is $12.47.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. The company had revenue of $22.91 billion for the quarter, compared to the consensus estimate of $6.47 billion. Analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal 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.