6,730,968 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,730,968 shares of the company’s stock, valued at approximately $57,954,000. Fisher Asset Management LLC owned 0.05% of Mitsubishi UFJ Financial Group at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Natixis Advisors L.P. lifted its position in shares of Mitsubishi UFJ Financial Group by 6.6% during the 4th quarter. Natixis Advisors L.P. now owns 11,787,853 shares of the company’s stock worth $101,493,000 after buying an additional 727,837 shares during the period. Goldman Sachs Group Inc. raised its position in Mitsubishi UFJ Financial Group by 1.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 11,508,806 shares of the company’s stock valued at $99,091,000 after purchasing an additional 115,364 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Mitsubishi UFJ Financial Group by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,873,087 shares of the company’s stock valued at $50,567,000 after purchasing an additional 53,757 shares during the last quarter. FMR LLC raised its position in Mitsubishi UFJ Financial Group by 4.4% in the 3rd quarter. FMR LLC now owns 4,477,626 shares of the company’s stock valued at $38,015,000 after purchasing an additional 188,668 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in Mitsubishi UFJ Financial Group by 28.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,664,275 shares of the company’s stock valued at $31,110,000 after purchasing an additional 806,728 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG opened at $10.02 on Monday. The stock has a fifty day moving average of $10.16 and a 200-day moving average of $9.67. The stock has a market capitalization of $117.50 billion, a P/E ratio of 11.52, a price-to-earnings-growth ratio of 0.96 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $6.85 and a 52 week high of $11.22.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Wednesday, May 15th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.06 by $0.07. The company had revenue of $22.78 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.91% and a net margin of 12.68%. Equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group 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.