Toronto Dominion Bank Takes $4.53 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Toronto Dominion Bank acquired a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 386,100 shares of the company's stock, valued at approximately $4,525,000.

Other large investors have also modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth $29,000. Steward Partners Investment Advisory LLC raised 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 purchasing an additional 1,279 shares during the last quarter. Sierra Ocean LLC acquired a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at $62,000. Addison Advisors LLC raised its stake in Mitsubishi UFJ Financial Group by 26.0% during the 4th quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock valued at $72,000 after purchasing an additional 1,263 shares during the last quarter. Finally, Cary Street Partners Financial LLC acquired a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at $98,000. 13.59% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG traded up $0.61 during trading hours on Tuesday, hitting $14.15. 2,130,547 shares of the company traded hands, compared to its average volume of 4,020,016. The stock has a market capitalization of $170.70 billion, a price-to-earnings ratio of 12.99, a P/E/G ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03. The firm has a 50-day moving average of $12.71 and a 200 day moving average of $12.43. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its earnings results on Thursday, May 15th. The company reported $0.13 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 14.19% and a return on equity of 9.27%. On average, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS 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.