Rockefeller Capital Management L.P. Increases Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Rockefeller Capital Management L.P. raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 182.6% during the 4th quarter, HoldingsChannel reports. The firm owned 152,526 shares of the company’s stock after acquiring an additional 98,562 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Mitsubishi UFJ Financial Group were worth $1,787,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Legacy Financial Advisors Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 18.0% during the 4th quarter. Legacy Financial Advisors Inc. now owns 23,591 shares of the company’s stock valued at $276,000 after buying an additional 3,591 shares during the period. Raymond James Financial Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $29,252,000. Renaissance Technologies LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 1.4% during the fourth quarter. Renaissance Technologies LLC now owns 561,631 shares of the company’s stock valued at $6,582,000 after purchasing an additional 7,720 shares during the period. Bank of Montreal Can lifted its position in shares of Mitsubishi UFJ Financial Group by 47.0% during the fourth quarter. Bank of Montreal Can now owns 103,952 shares of the company’s stock worth $1,218,000 after purchasing an additional 33,220 shares in the last quarter. Finally, Quadrant Capital Group LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 1.2% in the fourth quarter. Quadrant Capital Group LLC now owns 112,554 shares of the company’s stock valued at $1,319,000 after purchasing an additional 1,306 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Friday.

Mitsubishi UFJ Financial Group Trading Up 2.5 %

NYSE:MUFG opened at $11.87 on Monday. The stock has a market cap of $143.18 billion, a price-to-earnings ratio of 10.89, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.75 and a one year high of $15.03. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The business’s 50-day simple moving average is $12.83 and its 200 day simple moving average is $12.04.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating 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, sell-side analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal 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.