Todd Asset Management LLC Reduces Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Todd Asset Management LLC decreased its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,670,909 shares of the company’s stock after selling 78,599 shares during the period. Todd Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $31,607,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Natixis Advisors L.P. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 6.6% in the 4th quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company’s stock worth $101,493,000 after purchasing an additional 727,837 shares during the period. Fisher Asset Management LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth $57,968,000. FMR LLC increased its position in Mitsubishi UFJ Financial Group by 4.4% during the third quarter. FMR LLC now owns 4,477,626 shares of the company’s stock valued at $38,015,000 after acquiring an additional 188,668 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 28.2% in the third quarter. Envestnet Asset Management Inc. now owns 3,664,275 shares of the company’s stock valued at $31,110,000 after acquiring an additional 806,728 shares during the period. Finally, Stifel Financial Corp lifted its holdings in shares of Mitsubishi UFJ Financial Group by 7.1% in the 3rd quarter. Stifel Financial Corp now owns 1,930,116 shares of the company’s stock worth $16,387,000 after acquiring an additional 127,185 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 1.2 %

NYSE:MUFG traded up $0.12 during mid-day trading on Friday, hitting $10.14. 1,207,468 shares of the stock traded hands, compared to its average volume of 2,394,611. The stock has a market capitalization of $125.10 billion, a price-to-earnings ratio of 8.18, a PEG ratio of 0.92 and a beta of 0.62. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $5.99 and a 52 week high of $11.22. The firm’s 50 day moving average is $10.20 and its two-hundred day moving average is $9.26.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Monday, February 5th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.04. The company had revenue of $19.25 billion during the quarter. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. As a group, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.