Rockefeller Capital Management L.P. Boosts Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

Rockefeller Capital Management L.P. grew its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 160.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,592 shares of the company’s stock after purchasing an additional 64,502 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Mitsubishi UFJ Financial Group were worth $1,659,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. World Investment Advisors purchased a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $215,000. Corient Private Wealth LLC raised its stake in Mitsubishi UFJ Financial Group by 3.6% in the fourth quarter. Corient Private Wealth LLC now owns 142,121 shares of the company’s stock valued at $2,254,000 after buying an additional 4,895 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Mitsubishi UFJ Financial Group by 722.8% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 8,516 shares of the company’s stock valued at $135,000 after buying an additional 7,481 shares during the last quarter. Dorsey Wright & Associates boosted its holdings in Mitsubishi UFJ Financial Group by 3.7% in the fourth quarter. Dorsey Wright & Associates now owns 160,112 shares of the company’s stock worth $2,539,000 after acquiring an additional 5,748 shares in the last quarter. Finally, Compound Planning Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 13.7% in the fourth quarter. Compound Planning Inc. now owns 173,730 shares of the company’s stock worth $2,755,000 after acquiring an additional 20,887 shares in the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $19.91 on Wednesday. The stock has a 50-day moving average of $19.14 and a two-hundred day moving average of $18.09. The stock has a market cap of $236.31 billion, a P/E ratio of 14.12, a P/E/G ratio of 0.81 and a beta of 0.40. Mitsubishi UFJ Financial Group, Inc. has a one year low of $13.19 and a one year high of $21.17.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Saturday, May 16th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.13. Mitsubishi UFJ Financial Group had a return on equity of 11.07% and a net margin of 16.65%.The business had revenue of $15.36 billion for the quarter, compared to analyst estimates of $9.34 billion. Analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 1.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MUFG shares. Mitsubishi UFJ Financial Group began coverage on shares of Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They set a “buy” rating on the stock. Erste Group Bank started coverage on shares of Mitsubishi UFJ Financial Group in a research note on Thursday, June 25th. They issued a “buy” rating for the company. Finally, Weiss Ratings downgraded shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Company Profile

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.