Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Thornburg Investment Management Inc.

Thornburg Investment Management Inc. raised its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 9.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,217,101 shares of the company's stock after buying an additional 100,647 shares during the period. Thornburg Investment Management Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $14,264,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. raised its position in Mitsubishi UFJ Financial Group by 1.9% in the 3rd quarter. Franklin Resources Inc. now owns 49,208 shares of the company's stock valued at $526,000 after purchasing an additional 938 shares in the last quarter. Alaethes Wealth LLC increased its position in shares of Mitsubishi UFJ Financial Group by 0.4% in the 4th quarter. Alaethes Wealth LLC now owns 214,817 shares of the company's stock valued at $2,518,000 after purchasing an additional 951 shares during the last quarter. OLD National Bancorp IN raised its holdings in shares of Mitsubishi UFJ Financial Group by 5.1% in the 4th quarter. OLD National Bancorp IN now owns 19,841 shares of the company's stock valued at $233,000 after purchasing an additional 955 shares in the last quarter. EntryPoint Capital LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 6.9% during the 4th quarter. EntryPoint Capital LLC now owns 15,595 shares of the company's stock worth $183,000 after purchasing an additional 1,002 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 1.6% during the fourth quarter. Private Advisor Group LLC now owns 66,349 shares of the company's stock worth $778,000 after purchasing an additional 1,040 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Friday, May 16th.

Mitsubishi UFJ Financial Group Stock Down 1.0%

Shares of NYSE MUFG traded down $0.14 during mid-day trading on Friday, reaching $13.53. The company had a trading volume of 4,547,084 shares, compared to its average volume of 3,997,708. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The firm has a 50 day simple moving average of $12.74 and a two-hundred day simple moving average of $12.39. The stock has a market cap of $163.22 billion, a P/E ratio of 12.39, a PEG ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.03 by $0.10. The company had revenue of $22.91 billion for the quarter, compared to analyst estimates of $6.47 billion. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Sell-side analysts predict 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 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.