Flputnam Investment Management Co. Decreases Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Flputnam Investment Management Co. lowered its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 16.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,865 shares of the company’s stock after selling 3,213 shares during the quarter. Flputnam Investment Management Co.’s holdings in Mitsubishi UFJ Financial Group were worth $137,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. JPMorgan Chase & Co. raised its position in Mitsubishi UFJ Financial Group by 6.8% in the 1st quarter. JPMorgan Chase & Co. now owns 53,020 shares of the company’s stock valued at $328,000 after purchasing an additional 3,360 shares in the last quarter. Raymond James Financial Services Advisors Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the first quarter valued at approximately $78,000. Bank of New York Mellon Corp lifted its stake in Mitsubishi UFJ Financial Group by 9.9% in the first quarter. Bank of New York Mellon Corp now owns 273,357 shares of the company’s stock worth $1,692,000 after acquiring an additional 24,602 shares during the last quarter. HighTower Advisors LLC grew its holdings in Mitsubishi UFJ Financial Group by 2.8% during the 1st quarter. HighTower Advisors LLC now owns 79,795 shares of the company’s stock worth $496,000 after acquiring an additional 2,152 shares in the last quarter. Finally, Citigroup Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 24.7% in the 1st quarter. Citigroup Inc. now owns 527,769 shares of the company’s stock valued at $3,267,000 after purchasing an additional 104,483 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 1.0 %

Shares of MUFG opened at $9.78 on Friday. The firm’s fifty day simple moving average is $10.12 and its 200-day simple moving average is $9.14. The firm has a market capitalization of $120.66 billion, a price-to-earnings ratio of 7.89, a PEG ratio of 0.88 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $5.99 and a twelve month high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. The company had revenue of $19.25 billion during the quarter. On average, analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 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 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.