American Century Companies Inc. Purchases 100,677 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

American Century Companies Inc. lifted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.7% during the 4th quarter, HoldingsChannel reports. The firm owned 1,868,197 shares of the company’s stock after buying an additional 100,677 shares during the period. American Century Companies Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $21,895,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Whipplewood Advisors LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth about $29,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after purchasing an additional 1,279 shares in the last quarter. Sierra Ocean LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $62,000. Wilmington Savings Fund Society FSB purchased a new stake in Mitsubishi UFJ Financial Group in the third quarter valued at approximately $55,000. Finally, Versant Capital Management Inc bought a new stake in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $71,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

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

Mitsubishi UFJ Financial Group Price Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $14.00 on Monday. The stock has a market capitalization of $168.89 billion, a price-to-earnings ratio of 12.84, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The company has a fifty day moving average of $13.06 and a 200-day moving average of $11.86. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week 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.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share 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%. Equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group Company Profile

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.