Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. reduced its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 13.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 795,668 shares of the company’s stock after selling 125,475 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $12,615,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in MUFG. Fisher Asset Management LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 2.2% in the 3rd quarter. Fisher Asset Management LLC now owns 91,486,499 shares of the company’s stock worth $1,458,295,000 after acquiring an additional 1,973,325 shares during the last quarter. Natixis Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 14.9% in the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company’s stock worth $211,061,000 after acquiring an additional 1,718,759 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 acquiring an additional 1,390,497 shares during the last quarter. UBS Group AG lifted its holdings in shares of Mitsubishi UFJ Financial Group by 48.9% in the 4th quarter. UBS Group AG now owns 2,350,819 shares of the company’s stock worth $37,284,000 after acquiring an additional 772,272 shares during the last quarter. Finally, Massar Capital Management LP acquired a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth approximately $8,129,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on MUFG. Weiss Ratings upgraded shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. UBS Group upgraded shares of Mitsubishi UFJ Financial Group to a “strong-buy” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Mitsubishi UFJ Financial Group currently has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Stock Down 0.1%

Mitsubishi UFJ Financial Group stock opened at $17.98 on Friday. The firm has a market cap of $213.42 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 0.78 and a beta of 0.40. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $12.47 and a 52-week high of $20.15. The company’s 50 day moving average is $17.50 and its two-hundred day moving average is $16.97.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Wednesday, February 4th. The company reported $0.32 earnings per share (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%. On average, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.23 earnings per share for the current fiscal year.

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.