6,732,629 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Bought by Fisher Asset Management LLC

Fisher Asset Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,732,629 shares of the company's stock, valued at approximately $57,968,000. Fisher Asset Management LLC owned 0.05% of Mitsubishi UFJ Financial Group at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FFT Wealth Management LLC lifted its position in Mitsubishi UFJ Financial Group by 6.1% during the fourth quarter. FFT Wealth Management LLC now owns 20,946 shares of the company's stock valued at $180,000 after purchasing an additional 1,195 shares during the last quarter. Greenleaf Trust increased its position in shares of Mitsubishi UFJ Financial Group by 0.9% during the 3rd quarter. Greenleaf Trust now owns 148,666 shares of the company's stock valued at $1,262,000 after purchasing an additional 1,278 shares during the last quarter. Keel Point LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 5.1% during the 4th quarter. Keel Point LLC now owns 26,657 shares of the company's stock valued at $230,000 after buying an additional 1,299 shares in the last quarter. Advisors Asset Management Inc. lifted its position in Mitsubishi UFJ Financial Group by 3.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 40,851 shares of the company's stock worth $347,000 after buying an additional 1,431 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its stake in Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Stratos Wealth Partners LTD. now owns 14,412 shares of the company's stock worth $122,000 after buying an additional 1,524 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Up 1.2 %

Shares of MUFG stock traded up $0.12 during trading hours on Friday, hitting $10.14. 1,207,468 shares of the company's stock were exchanged, compared to its average volume of 2,394,611. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $5.99 and a 12-month high of $11.22. The company has a market capitalization of $125.10 billion, a PE ratio of 8.18, a PEG ratio of 0.91 and a beta of 0.62. The business's 50 day simple moving average is $10.20 and its 200-day simple moving average is $9.26.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings data on Monday, February 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The firm had revenue of $19.25 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. Equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.