O Shaughnessy Asset Management LLC grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Get Rating) by 35.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 307,598 shares of the company’s stock after buying an additional 81,280 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,052,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the business. Natixis Advisors L.P. increased its position in Mitsubishi UFJ Financial Group by 42.3% during the fourth quarter. Natixis Advisors L.P. now owns 10,881,060 shares of the company’s stock worth $72,577,000 after purchasing an additional 3,236,371 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Mitsubishi UFJ Financial Group by 24.0% during the first quarter. Goldman Sachs Group Inc. now owns 10,032,410 shares of the company’s stock worth $62,100,000 after purchasing an additional 1,943,618 shares during the last quarter. BlackRock Inc. increased its position in Mitsubishi UFJ Financial Group by 7.3% during the first quarter. BlackRock Inc. now owns 5,499,957 shares of the company’s stock worth $34,045,000 after purchasing an additional 373,482 shares during the last quarter. Todd Asset Management LLC increased its position in Mitsubishi UFJ Financial Group by 0.5% during the fourth quarter. Todd Asset Management LLC now owns 3,711,681 shares of the company’s stock worth $24,757,000 after purchasing an additional 17,340 shares during the last quarter. Finally, LMR Partners LLP acquired a new stake in Mitsubishi UFJ Financial Group during the third quarter worth about $11,251,000. 1.62% of the stock is currently owned by institutional investors and hedge funds.
Mitsubishi UFJ Financial Group Price Performance
Shares of MUFG stock opened at $6.52 on Friday. The firm has a market cap of $80.33 billion, a PE ratio of 9.59, a price-to-earnings-growth ratio of 0.85 and a beta of 0.66. The company has a 50-day moving average of $6.43 and a two-hundred day moving average of $6.46. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $4.31 and a 1-year high of $7.71.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of Mitsubishi UFJ Financial Group in a research report on Thursday, May 18th. They set a “hold” rating for the company.
Mitsubishi UFJ Financial Group Profile
Mitsubishi UFJ Financial Group, Inc operates as a holding company, which provides financial services through its subsidiaries. It operates through the following segments: Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group, Global Markets and Others.
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