Franklin Resources Inc. Increases Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Franklin Resources Inc. boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,208 shares of the company’s stock after buying an additional 938 shares during the quarter. Franklin Resources Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $526,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Blue Trust Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 98.7% in the third quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock valued at $1,358,000 after purchasing an additional 62,449 shares during the last quarter. Federated Hermes Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 17.7% during the second quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock valued at $10,537,000 after acquiring an additional 146,904 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after acquiring an additional 1,067,409 shares during the period. Bleakley Financial Group LLC boosted its position in Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock worth $261,000 after purchasing an additional 2,701 shares during the last quarter. Finally, Crossmark Global Holdings Inc. grew its stake in Mitsubishi UFJ Financial Group by 23.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock valued at $8,816,000 after purchasing an additional 164,206 shares during the period. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Up 0.8 %

MUFG opened at $11.74 on Tuesday. The company’s 50-day moving average price is $11.48 and its two-hundred day moving average price is $10.84. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.48 and a twelve month high of $12.31. The stock has a market cap of $141.67 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 1.12 and a beta of 0.61.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

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.