Keybank National Association OH Acquires 2,369 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Keybank National Association OH raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 14.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,836 shares of the company’s stock after acquiring an additional 2,369 shares during the quarter. Keybank National Association OH’s holdings in Mitsubishi UFJ Financial Group were worth $221,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Eagle Bay Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 9.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock worth $118,000 after purchasing an additional 858 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group by 1.9% in the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock worth $526,000 after purchasing an additional 938 shares during the last quarter. Abel Hall LLC grew its position in Mitsubishi UFJ Financial Group by 4.9% in the third quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock worth $208,000 after acquiring an additional 949 shares in the last quarter. OLD National Bancorp IN grew its position in Mitsubishi UFJ Financial Group by 5.1% in the fourth quarter. OLD National Bancorp IN now owns 19,841 shares of the company’s stock worth $233,000 after acquiring an additional 955 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in Mitsubishi UFJ Financial Group by 1.6% in the fourth quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock worth $778,000 after acquiring an additional 1,040 shares in the last quarter. 13.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

Mitsubishi UFJ Financial Group Trading Up 0.3 %

MUFG opened at $12.76 on Wednesday. The firm has a market cap of $153.92 billion, a P/E ratio of 11.70, a P/E/G ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $13.34. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The stock has a 50-day moving average of $12.48 and a 200 day moving average of $11.52.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. As a group, research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company, that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Service, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets.