Boston Common Asset Management LLC Decreases Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

Boston Common Asset Management LLC trimmed its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 83.2% during the fourth quarter, HoldingsChannel reports. The firm owned 593,184 shares of the company’s stock after selling 2,942,257 shares during the quarter. Boston Common Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $9,408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in MUFG. AQR Capital Management LLC raised its position in Mitsubishi UFJ Financial Group by 43.8% in the first quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock worth $4,565,000 after acquiring an additional 101,930 shares during the period. Focus Partners Wealth grew its position in shares of Mitsubishi UFJ Financial Group by 14.8% during the 1st quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock valued at $218,000 after acquiring an additional 2,058 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Mitsubishi UFJ Financial Group by 245.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock valued at $65,000 after acquiring an additional 3,403 shares during the period. Acadian Asset Management LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 104.1% during the 1st quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock worth $571,000 after purchasing an additional 21,379 shares during the last quarter. Finally, Sivia Capital Partners LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 68.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock worth $483,000 after purchasing an additional 14,347 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. UBS Group upgraded Mitsubishi UFJ Financial Group to a “strong-buy” rating in a research note on Thursday, January 22nd. Zacks Research lowered Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Finally, Weiss Ratings raised shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Mitsubishi UFJ Financial Group has an average rating of “Buy”.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $16.32 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $10.46 and a 52-week high of $20.15. The stock’s 50-day simple moving average is $17.97 and its 200 day simple moving average is $16.55. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.89 and a current ratio of 0.85. The stock has a market capitalization of $193.73 billion, a price-to-earnings ratio of 14.32, a price-to-earnings-growth ratio of 0.86 and a beta of 0.33.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Wednesday, February 4th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. Mitsubishi UFJ Financial Group had a return on equity of 9.58% and a net margin of 13.87%. Research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.