Boston Common Asset Management LLC Trims Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

Boston Common Asset Management LLC trimmed its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 4.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 566,845 shares of the company’s stock after selling 26,339 shares during the quarter. Boston Common Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $9,619,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Toronto Dominion Bank grew its holdings in shares of Mitsubishi UFJ Financial Group by 251.7% in the fourth quarter. Toronto Dominion Bank now owns 4,816,589 shares of the company’s stock worth $76,391,000 after purchasing an additional 3,447,183 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Mitsubishi UFJ Financial Group by 2.0% in the fourth quarter. Fisher Asset Management LLC now owns 93,276,119 shares of the company’s stock worth $1,479,359,000 after acquiring an additional 1,789,620 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Mitsubishi UFJ Financial Group by 180.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,162,410 shares of the company’s stock worth $34,469,000 after purchasing an additional 1,390,497 shares during the period. Clearbridge Investments LLC increased its holdings in Mitsubishi UFJ Financial Group by 20.0% during the fourth quarter. Clearbridge Investments LLC now owns 6,730,203 shares of the company’s stock valued at $106,741,000 after buying an additional 1,121,241 shares during the period. Finally, DV Equities LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $13,543,000. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Up 0.2%

Shares of NYSE:MUFG opened at $21.36 on Monday. The business’s 50-day moving average is $20.10 and its 200 day moving average is $18.60. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $13.27 and a 1 year high of $22.83. The firm has a market capitalization of $253.46 billion, a P/E ratio of 15.15, a P/E/G ratio of 1.03 and a beta of 0.39. The company has a debt-to-equity ratio of 1.75, a current ratio of 0.98 and a quick ratio of 0.98.

Analyst Ratings Changes

A number of research firms have recently weighed in on MUFG. Erste Group Bank started coverage on shares of Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They issued a “buy” rating on the stock. Mitsubishi UFJ Financial Group began coverage on shares of Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They set a “buy” rating for the company. Finally, Weiss Ratings cut shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mitsubishi UFJ Financial Group presently has a consensus rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Company 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.