Bamco Inc. NY Purchases 91,817 Shares of Mitsubishi UFJ Financial Group, Inc. $MUFG

Bamco Inc. NY boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 25.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 451,826 shares of the company’s stock after buying an additional 91,817 shares during the quarter. Bamco Inc. NY’s holdings in Mitsubishi UFJ Financial Group were worth $7,202,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Fisher Asset Management LLC grew its position in shares of Mitsubishi UFJ Financial Group by 17.4% in the second quarter. Fisher Asset Management LLC now owns 89,513,174 shares of the company’s stock valued at $1,228,121,000 after purchasing an additional 13,275,383 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 14.9% during the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company’s stock worth $211,061,000 after purchasing an additional 1,718,759 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Mitsubishi UFJ Financial Group by 180.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,162,410 shares of the company’s stock valued at $34,469,000 after purchasing an additional 1,390,497 shares during the period. SCS Capital Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 482.0% during the 2nd quarter. SCS Capital Management LLC now owns 1,107,229 shares of the company’s stock valued at $15,191,000 after purchasing an additional 916,992 shares during the period. Finally, UBS Group AG grew its holdings in Mitsubishi UFJ Financial Group by 80.2% in the 3rd quarter. UBS Group AG now owns 1,578,547 shares of the company’s stock valued at $25,162,000 after buying an additional 702,456 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG opened at $16.74 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $10.46 and a twelve month high of $20.15. The company has a quick ratio of 0.89, a current ratio of 0.85 and a debt-to-equity ratio of 1.30. The stock has a market cap of $198.61 billion, a P/E ratio of 14.68, a PEG ratio of 1.24 and a beta of 0.33. The company’s 50-day simple moving average is $18.16 and its 200 day simple moving average is $16.46.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. Mitsubishi UFJ Financial Group had a net margin of 13.87% and a return on equity of 9.58%. As a group, research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

MUFG has been the topic of several recent analyst reports. UBS Group raised Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research report on Thursday, January 22nd. Weiss Ratings raised Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, February 5th. Finally, Zacks Research lowered shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.