American Century Companies Inc. Has $21.90 Million Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

American Century Companies Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,868,197 shares of the company’s stock after acquiring an additional 100,677 shares during the period. American Century Companies Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $21,895,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in MUFG. Natixis Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company’s stock worth $115,452,000 after purchasing an additional 507,578 shares in the last quarter. Chevy Chase Trust Holdings LLC grew its holdings in Mitsubishi UFJ Financial Group by 4.2% during the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company’s stock worth $69,737,000 after buying an additional 241,685 shares in the last quarter. Todd Asset Management LLC raised its position in Mitsubishi UFJ Financial Group by 0.6% in the 4th quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company’s stock valued at $47,696,000 after buying an additional 24,038 shares during the last quarter. Raymond James Financial Inc. bought a new position in Mitsubishi UFJ Financial Group during the 4th quarter valued at $29,252,000. Finally, Bank of New York Mellon Corp boosted its holdings in Mitsubishi UFJ Financial Group by 17.7% during the 4th quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company’s stock worth $12,783,000 after acquiring an additional 164,011 shares during the last quarter. 13.59% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Monday, March 24th.

Mitsubishi UFJ Financial Group Stock Down 3.1 %

Shares of NYSE:MUFG opened at $14.00 on Monday. The company has a market capitalization of $168.89 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The business has a fifty day moving average price of $13.06 and a two-hundred day moving average price of $11.86.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share 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.