Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC grew its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 9.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,756,565 shares of the company's stock after acquiring an additional 905,674 shares during the period. Natixis Advisors LLC owned about 0.09% of Mitsubishi UFJ Financial Group worth $146,612,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Nisa Investment Advisors LLC purchased a new position in Mitsubishi UFJ Financial Group in the 1st quarter valued at approximately $41,000. Financial Management Professionals Inc. increased its stake in Mitsubishi UFJ Financial Group by 116.7% in the first quarter. Financial Management Professionals Inc. now owns 3,257 shares of the company's stock valued at $44,000 after purchasing an additional 1,754 shares during the period. Olde Wealth Management LLC acquired a new position in Mitsubishi UFJ Financial Group in the first quarter valued at $87,000. Cary Street Partners Financial LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $98,000. Finally, Paradigm Asset Management Co. LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the first quarter worth about $122,000. Institutional investors and hedge funds own 13.59% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th.

Mitsubishi UFJ Financial Group Trading Up 0.2%

Shares of MUFG traded up $0.03 on Friday, hitting $13.93. 4,872,798 shares of the stock traded hands, compared to its average volume of 3,674,169. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.57. The firm has a market capitalization of $168.10 billion, a P/E ratio of 13.27, a P/E/G ratio of 0.92 and a beta of 0.42. The stock's 50 day moving average is $13.76 and its two-hundred day moving average is $13.09. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings data 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. Mitsubishi UFJ Financial Group had a net margin of 13.70% and a return on equity of 9.45%. The business had revenue of $22.91 billion for the quarter, compared to the consensus estimate of $6.47 billion. As a group, sell-side 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.