971,588 Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Purchased by Fisher Asset Management LLC

Fisher Asset Management LLC raised its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 98,881,934 shares of the company’s stock after buying an additional 971,588 shares during the period. Fisher Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,281,206,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quantinno Capital Management LP lifted its position in shares of Mitsubishi UFJ Financial Group by 21.4% in the first quarter. Quantinno Capital Management LP now owns 2,399,601 shares of the company’s stock valued at $40,721,000 after buying an additional 423,058 shares during the last quarter. XY Capital Ltd increased its holdings in shares of Mitsubishi UFJ Financial Group by 710.6% during the 1st quarter. XY Capital Ltd now owns 411,425 shares of the company’s stock worth $6,982,000 after acquiring an additional 360,670 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Mitsubishi UFJ Financial Group by 5.7% during the 1st quarter. Royal Bank of Canada now owns 6,315,948 shares of the company’s stock worth $107,182,000 after acquiring an additional 338,881 shares during the last quarter. Russell Investments Group Ltd. increased its holdings in shares of Mitsubishi UFJ Financial Group by 70.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 631,594 shares of the company’s stock worth $14,571,000 after acquiring an additional 261,157 shares during the last quarter. Finally, QRG Capital Management Inc. raised its stake in Mitsubishi UFJ Financial Group by 28.6% in the 2nd quarter. QRG Capital Management Inc. now owns 817,288 shares of the company’s stock valued at $16,256,000 after acquiring an additional 181,696 shares during the period. Institutional investors own 13.59% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on MUFG. Zacks Research downgraded Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 3rd. Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, September 25th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Stock Down 0.7%

MUFG opened at $21.78 on Friday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $14.88 and a fifty-two week high of $24.26. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.85 and a current ratio of 0.85. The company has a market capitalization of $258.49 billion, a P/E ratio of 13.80, a P/E/G ratio of 0.82 and a beta of 0.51. The stock has a fifty day moving average of $22.46 and a 200-day moving average of $20.30.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) is a Japan-based financial services group headquartered in Tokyo. It was formed in 2005 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings. MUFG provides commercial and retail banking, trust banking, securities, credit card and consumer finance, asset management, and leasing services. Its businesses serve individuals, companies, and institutional clients. The group operates primarily in Japan and also serves customers through a broad international network across the Americas, Europe, and Asia-Pacific.