Hartford Investment Management Co. grew its holdings in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) by 8.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 32,991 shares of the company’s stock after purchasing an additional 2,561 shares during the quarter. Hartford Investment Management Co.’s holdings in Mitsubishi UFJ Financial Group were worth $163,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LMR Partners LLP lifted its position in Mitsubishi UFJ Financial Group by 231.3% in the fourth quarter. LMR Partners LLP now owns 10,370,424 shares of the company’s stock worth $50,855,000 after purchasing an additional 7,240,320 shares during the period. NINE MASTS CAPITAL Ltd lifted its position in Mitsubishi UFJ Financial Group by 322.2% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 5,925,264 shares of the company’s stock worth $28,856,000 after purchasing an additional 4,521,805 shares during the period. Bank of New York Mellon Corp bought a new position in Mitsubishi UFJ Financial Group in the third quarter worth $20,720,000. Fisher Asset Management LLC lifted its position in Mitsubishi UFJ Financial Group by 128.8% in the fourth quarter. Fisher Asset Management LLC now owns 2,375,919 shares of the company’s stock worth $11,571,000 after purchasing an additional 1,337,336 shares during the period. Finally, Heathbridge Capital Management Ltd. lifted its position in Mitsubishi UFJ Financial Group by 19.6% in the first quarter. Heathbridge Capital Management Ltd. now owns 5,193,750 shares of the company’s stock worth $25,709,000 after purchasing an additional 852,800 shares during the period. 1.11% of the stock is owned by institutional investors.

Several research analysts recently commented on the company. ValuEngine cut Mitsubishi UFJ Financial Group from a “sell” rating to a “strong sell” rating in a research report on Friday, March 1st. UBS Group raised Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a research report on Thursday, March 7th. Finally, Zacks Investment Research cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Monday, April 8th. Two investment analysts have rated the stock with a sell rating and four have given a buy rating to the company. Mitsubishi UFJ Financial Group presently has a consensus rating of “Hold”.

Shares of MUFG stock opened at $4.92 on Tuesday. The firm has a market capitalization of $64.94 billion, a P/E ratio of 6.93, a PEG ratio of 1.67 and a beta of 1.43. Mitsubishi UFJ Financial Group Inc has a one year low of $4.64 and a one year high of $6.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Monday, February 4th. The company reported $0.16 earnings per share (EPS) for the quarter. The company had revenue of $14.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.30% and a net margin of 15.31%. On average, analysts predict that Mitsubishi UFJ Financial Group Inc will post 0.69 EPS for the current year.

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Mitsubishi UFJ Financial Group Profile

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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