Natixis Advisors LLC Raises Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Natixis Advisors LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,850,891 shares of the company’s stock after purchasing an additional 507,578 shares during the period. Natixis Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $115,452,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at about $29,000. Steward Partners Investment Advisory LLC increased its position in shares of Mitsubishi UFJ Financial Group by 33.9% during the fourth 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 acquired a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $62,000. Venturi Wealth Management LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after purchasing an additional 2,229 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Mitsubishi UFJ Financial Group in the third quarter valued at approximately $55,000. 13.59% of the stock is 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 report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Trading Up 3.8 %

Shares of MUFG stock opened at $13.68 on Friday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $13.71. The company has a 50 day moving average price of $12.58 and a 200 day moving average price of $11.56. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The stock has a market capitalization of $165.03 billion, a P/E ratio of 12.55, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS 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%. Equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Mitsubishi UFJ Financial Group 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.