OLD National Bancorp IN trimmed its position in Mitsubishi UFJ Financial Group Inc (NYSE:MTU) by 28.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,001 shares of the bank’s stock after selling 30,077 shares during the quarter. OLD National Bancorp IN’s holdings in Mitsubishi UFJ Financial Group were worth $490,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in MTU. Bank of New York Mellon Corp raised its holdings in shares of Mitsubishi UFJ Financial Group by 2.1% in the 1st quarter. Bank of New York Mellon Corp now owns 256,362 shares of the bank’s stock valued at $1,625,000 after purchasing an additional 5,328 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 10.0% in the 1st quarter. Ameriprise Financial Inc. now owns 259,065 shares of the bank’s stock valued at $1,644,000 after purchasing an additional 23,557 shares in the last quarter. KCG Holdings Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 245.6% in the 1st quarter. KCG Holdings Inc. now owns 78,774 shares of the bank’s stock valued at $499,000 after purchasing an additional 55,979 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Mitsubishi UFJ Financial Group by 61.4% in the 1st quarter. Bank of America Corp DE now owns 4,039,673 shares of the bank’s stock valued at $25,611,000 after purchasing an additional 1,537,212 shares in the last quarter. Finally, BlueCrest Capital Management Ltd acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter valued at $110,000. Institutional investors and hedge funds own 1.08% of the company’s stock.

Mitsubishi UFJ Financial Group (NYSE:MTU) last posted its earnings results on Tuesday, August 1st. The bank reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.05. Mitsubishi UFJ Financial Group had a net margin of 16.99% and a return on equity of 6.59%. The business had revenue of $13.57 billion for the quarter.

A number of equities research analysts have recently weighed in on MTU shares. Zacks Investment Research upgraded shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “buy” rating and set a $7.00 price objective on the stock in a report on Thursday, September 21st. ValuEngine lowered shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Finally, BidaskClub lowered shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Mitsubishi UFJ Financial Group presently has an average rating of “Buy” and a consensus price target of $7.00.

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About Mitsubishi UFJ Financial Group

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.

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

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