MML Investors Services LLC Increases Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

MML Investors Services LLC grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 246,690 shares of the company's stock after acquiring an additional 109,625 shares during the period. MML Investors Services LLC's holdings in Mitsubishi UFJ Financial Group were worth $2,891,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Clearbridge Investments LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 325.9% during the 4th quarter. Clearbridge Investments LLC now owns 3,822,530 shares of the company's stock worth $44,800,000 after purchasing an additional 2,924,979 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,252,000. Artemis Investment Management LLP purchased a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth about $10,880,000. Guardian Partners Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at about $7,069,000. Finally, Natixis Advisors LLC grew its position in shares of Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock valued at $115,452,000 after acquiring an additional 507,578 shares during the period. Institutional investors and hedge funds own 13.59% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research report on Thursday.

Mitsubishi UFJ Financial Group Price Performance

NYSE MUFG traded down $0.07 on Friday, hitting $12.31. The company had a trading volume of 2,682,827 shares, compared to its average volume of 7,117,899. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The company's fifty day moving average price is $12.74 and its 200-day moving average price is $12.13. The company has a market capitalization of $148.49 billion, a PE ratio of 11.29, a PEG 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.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued 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 net margin of 14.19% and a return on equity of 9.27%. As a group, 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.