Rockefeller Capital Management L.P. Acquires 98,562 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Rockefeller Capital Management L.P. lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 182.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 152,526 shares of the company's stock after acquiring an additional 98,562 shares during the period. Rockefeller Capital Management L.P.'s holdings in Mitsubishi UFJ Financial Group were worth $1,787,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $29,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 33.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock valued at $59,000 after acquiring an additional 1,279 shares during the last quarter. Sierra Ocean LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 4th quarter valued at about $62,000. Wilmington Savings Fund Society FSB purchased a new position in Mitsubishi UFJ Financial Group in the 3rd quarter worth approximately $55,000. Finally, Versant Capital Management Inc bought a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $71,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Mitsubishi UFJ Financial Group Trading Down 0.1 %

MUFG traded down $0.02 during midday trading on Friday, reaching $12.24. 1,546,924 shares of the company's stock traded hands, compared to its average volume of 3,690,740. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. 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 firm has a fifty day moving average of $12.78 and a two-hundred day moving average of $12.06. The stock has a market capitalization of $147.65 billion, a price-to-earnings ratio of 11.22, a P/E/G ratio of 1.16 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping 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%. On average, equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal 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.