Linden Thomas Advisory Services LLC increased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 26.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,934 shares of the company’s stock after buying an additional 8,476 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Mitsubishi UFJ Financial Group were worth $480,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in MUFG. Fisher Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after buying an additional 1,067,409 shares in the last quarter. Artemis Investment Management LLP bought a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth $10,880,000. BNP Paribas Financial Markets lifted its stake in Mitsubishi UFJ Financial Group by 140.9% during the third quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company’s stock worth $5,240,000 after purchasing an additional 301,065 shares during the last quarter. Quantinno Capital Management LP lifted its stake in Mitsubishi UFJ Financial Group by 31.6% during the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock worth $8,119,000 after purchasing an additional 191,368 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock worth $8,327,000 after purchasing an additional 189,887 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.
Mitsubishi UFJ Financial Group Stock Up 0.5 %
NYSE MUFG opened at $12.31 on Monday. The business has a fifty day moving average price of $11.88 and a two-hundred day moving average price of $11.04. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $12.56. The stock has a market capitalization of $148.49 billion, a PE ratio of 12.06, a PEG ratio of 1.12 and a beta of 0.62.
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.
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