Quantinno Capital Management LP Grows Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Quantinno Capital Management LP raised its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 31.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 797,543 shares of the company’s stock after purchasing an additional 191,368 shares during the quarter. Quantinno Capital Management LP’s holdings in Mitsubishi UFJ Financial Group were worth $8,119,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Natixis Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 3.2% during the second quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company’s stock worth $130,248,000 after acquiring an additional 379,105 shares during the last quarter. Fisher Asset Management LLC grew its stake in Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after purchasing an additional 1,067,409 shares in the last quarter. Chevy Chase Trust Holdings LLC boosted its stake in Mitsubishi UFJ Financial Group by 3.8% in the second quarter. Chevy Chase Trust Holdings LLC now owns 5,879,191 shares of the company’s stock valued at $63,495,000 after acquiring an additional 217,799 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,440,510 shares of the company’s stock valued at $47,958,000 after buying an additional 135,773 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in shares of Mitsubishi UFJ Financial Group by 6.4% during the second quarter. Sei Investments Co. now owns 3,250,210 shares of the company’s stock valued at $35,102,000 after buying an additional 195,882 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Stock Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $12.08 on Friday. The business has a fifty day simple moving average of $11.03 and a 200-day simple moving average of $10.66. The stock has a market cap of $140.82 billion, a PE ratio of 11.84, a price-to-earnings-growth ratio of 1.13 and a beta of 0.61. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.31.

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.