Commerce Bank boosted its position in shares of Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) by 20.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 13,880 shares of the company’s stock after buying an additional 2,330 shares during the quarter. Commerce Bank’s holdings in Mitsubishi UFJ Financial Group were worth $69,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of MUFG. LMR Partners LLP grew its stake in shares of Mitsubishi UFJ Financial Group by 231.3% in the 4th quarter. LMR Partners LLP now owns 10,370,424 shares of the company’s stock valued at $50,855,000 after purchasing an additional 7,240,320 shares during the period. NINE MASTS CAPITAL Ltd grew its stake in shares of Mitsubishi UFJ Financial Group by 322.2% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 5,925,264 shares of the company’s stock valued at $28,856,000 after purchasing an additional 4,521,805 shares during the period. Todd Asset Management LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 1,722.9% in the 1st quarter. Todd Asset Management LLC now owns 2,471,514 shares of the company’s stock valued at $12,235,000 after purchasing an additional 2,335,935 shares during the period. Heathbridge Capital Management Ltd. grew its stake in shares of Mitsubishi UFJ Financial Group by 19.6% in the 1st quarter. Heathbridge Capital Management Ltd. now owns 5,193,750 shares of the company’s stock valued at $25,709,000 after purchasing an additional 852,800 shares during the period. Finally, Morgan Stanley bought a new stake in shares of Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $2,956,000. Hedge funds and other institutional investors own 1.14% of the company’s stock.

MUFG has been the topic of several analyst reports. ValuEngine lowered Mitsubishi UFJ Financial Group from a “sell” rating to a “strong sell” rating in a research note on Friday, March 1st. Zacks Investment Research lowered Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Monday, April 8th. Finally, UBS Group upgraded Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a research note on Thursday, March 7th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Buy”.

MUFG stock opened at $4.59 on Monday. Mitsubishi UFJ Financial Group Inc has a 1-year low of $4.49 and a 1-year high of $6.47. The company has a market capitalization of $60.09 billion, a PE ratio of 6.20, a P/E/G ratio of 1.55 and a beta of 1.43.

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About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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