Adero Partners LLC Has $124,000 Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Adero Partners LLC boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 13.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,172 shares of the company’s stock after purchasing an additional 1,448 shares during the period. Adero Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $124,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MUFG. Russell Investments Group Ltd. increased its holdings in Mitsubishi UFJ Financial Group by 45.3% in the 1st quarter. Russell Investments Group Ltd. now owns 33,690 shares of the company’s stock worth $345,000 after purchasing an additional 10,511 shares in the last quarter. O Shaughnessy Asset Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 23.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company’s stock worth $6,780,000 after purchasing an additional 125,467 shares in the last quarter. Bessemer Group Inc. increased its holdings in Mitsubishi UFJ Financial Group by 27.4% in the 1st quarter. Bessemer Group Inc. now owns 14,860 shares of the company’s stock worth $152,000 after purchasing an additional 3,194 shares in the last quarter. Lake Street Advisors Group LLC increased its holdings in Mitsubishi UFJ Financial Group by 16.9% in the 1st quarter. Lake Street Advisors Group LLC now owns 27,459 shares of the company’s stock worth $281,000 after purchasing an additional 3,965 shares in the last quarter. Finally, Herr Investment Group LLC increased its holdings in Mitsubishi UFJ Financial Group by 38.6% in the 1st quarter. Herr Investment Group LLC now owns 1,410,464 shares of the company’s stock worth $14,429,000 after purchasing an additional 393,000 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Friday.

Mitsubishi UFJ Financial Group Trading Down 3.2 %

NYSE MUFG opened at $11.68 on Monday. The business’s 50-day moving average price is $10.59 and its two-hundred day moving average price is $10.51. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.11. The firm has a market capitalization of $136.16 billion, a PE ratio of 11.45, a price-to-earnings-growth ratio of 1.08 and a beta of 0.59. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25.

Mitsubishi UFJ Financial Group 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.