JPMorgan Chase & Co. Acquires 131,305 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

JPMorgan Chase & Co. lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 50.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 389,603 shares of the company's stock after acquiring an additional 131,305 shares during the period. JPMorgan Chase & Co.'s holdings in Mitsubishi UFJ Financial Group were worth $4,566,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Natixis Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 5.4% in the fourth quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock valued at $115,452,000 after purchasing an additional 507,578 shares in the last quarter. Chevy Chase Trust Holdings LLC grew its stake in Mitsubishi UFJ Financial Group by 4.2% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company's stock valued at $69,737,000 after purchasing an additional 241,685 shares in the last quarter. Sei Investments Co. increased its position in shares of Mitsubishi UFJ Financial Group by 1.6% during the 4th quarter. Sei Investments Co. now owns 4,092,847 shares of the company's stock worth $47,968,000 after purchasing an additional 64,808 shares during the last quarter. Todd Asset Management LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 0.6% in the fourth quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company's stock valued at $47,696,000 after buying an additional 24,038 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth $29,252,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG traded up $0.10 on Thursday, hitting $12.18. The company's stock had a trading volume of 1,425,101 shares, compared to its average volume of 3,672,591. 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, Inc. has a one year low of $8.75 and a one year high of $15.03. The stock has a fifty day moving average of $12.79 and a two-hundred day moving average of $12.05. The firm has a market capitalization of $146.92 billion, a P/E ratio of 11.17, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Friday, April 18th.

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.