Crossmark Global Holdings Inc. Acquires New Holdings in Mitsubishi UFJ Financial Group Inc (MTU)

Crossmark Global Holdings Inc. acquired a new stake in Mitsubishi UFJ Financial Group Inc (NYSE:MTU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,278,817 shares of the bank’s stock, valued at approximately $8,236,000.

Several other hedge funds have also recently bought and sold shares of the company. Northern Trust Corp boosted its holdings in shares of Mitsubishi UFJ Financial Group by 0.5% in the second quarter. Northern Trust Corp now owns 12,452,571 shares of the bank’s stock valued at $84,054,000 after acquiring an additional 62,388 shares during the period. Brandes Investment Partners LP boosted its holdings in shares of Mitsubishi UFJ Financial Group by 1.5% in the second quarter. Brandes Investment Partners LP now owns 8,754,048 shares of the bank’s stock valued at $59,090,000 after acquiring an additional 130,176 shares during the period. Fisher Asset Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 0.3% in the third quarter. Fisher Asset Management LLC now owns 7,547,634 shares of the bank’s stock valued at $48,607,000 after acquiring an additional 25,529 shares during the period. Parametric Portfolio Associates LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 8.6% in the second quarter. Parametric Portfolio Associates LLC now owns 7,395,483 shares of the bank’s stock valued at $49,920,000 after acquiring an additional 586,278 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 9.0% in the second quarter. Goldman Sachs Group Inc. now owns 4,728,680 shares of the bank’s stock valued at $31,919,000 after acquiring an additional 389,983 shares during the period. 1.08% of the stock is owned by institutional investors and hedge funds.

MTU has been the subject of several research analyst reports. Zacks Investment Research raised Mitsubishi UFJ Financial Group from a “hold” rating to a “buy” rating and set a $6.75 price objective for the company in a report on Wednesday, September 6th. ValuEngine raised Mitsubishi UFJ Financial Group from a “buy” rating to a “strong-buy” rating in a report on Monday, October 16th. Finally, BidaskClub downgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “strong sell” rating in a report on Tuesday, July 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $7.00.

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Shares of Mitsubishi UFJ Financial Group Inc (MTU) opened at 6.79 on Wednesday. The firm has a market capitalization of $90.22 billion, a P/E ratio of 35.00 and a beta of 1.63. The company’s 50 day moving average price is $6.47 and its 200 day moving average price is $6.39. Mitsubishi UFJ Financial Group Inc has a one year low of $4.95 and a one year high of $7.01.

Mitsubishi UFJ Financial Group (NYSE:MTU) last released its quarterly earnings data on Tuesday, August 1st. The bank reported $0.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.05. Mitsubishi UFJ Financial Group had a return on equity of 6.59% and a net margin of 16.99%. The business had revenue of $13.57 billion during the quarter. On average, analysts expect that Mitsubishi UFJ Financial Group Inc will post $0.55 EPS for the current fiscal year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.

Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MTU)

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