Summit Trail Advisors LLC boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 33.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,689 shares of the company’s stock after purchasing an additional 9,773 shares during the period. Summit Trail Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $394,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Addison Advisors LLC raised its stake in Mitsubishi UFJ Financial Group by 123.4% during the second quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock worth $50,000 after buying an additional 2,546 shares during the last quarter. Family Firm Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at about $53,000. Venturi Wealth Management LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after purchasing an additional 2,229 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Mitsubishi UFJ Financial Group by 60.9% during the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock worth $58,000 after purchasing an additional 2,222 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in Mitsubishi UFJ Financial Group during the second quarter worth approximately $68,000. Institutional investors and hedge funds own 13.59% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday.
Mitsubishi UFJ Financial Group Trading Down 1.6 %
NYSE MUFG opened at $11.62 on Wednesday. The business has a 50 day simple moving average of $10.80 and a 200 day simple moving average of $10.58. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.19 and a one year high of $12.11. The stock has a market capitalization of $135.46 billion, a P/E ratio of 11.39, a P/E/G ratio of 1.10 and a beta of 0.59. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92.
About Mitsubishi UFJ Financial Group
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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