Premier Path Wealth Partners LLC purchased a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund purchased 11,675 shares of the company’s stock, valued at approximately $137,000.
A number of other large investors also recently modified their holdings of MUFG. Blue Trust Inc. increased its position in Mitsubishi UFJ Financial Group by 98.7% during the 3rd quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock worth $1,358,000 after purchasing an additional 62,449 shares in the last quarter. Barclays PLC purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter worth approximately $752,000. Fisher Asset Management LLC increased its position in shares of 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 acquiring an additional 1,067,409 shares in the last quarter. Bleakley Financial Group LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 11.8% in the 3rd quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock valued at $261,000 after acquiring an additional 2,701 shares during the period. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of Mitsubishi UFJ Financial Group by 23.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock valued at $8,816,000 after acquiring an additional 164,206 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Separately, StockNews.com raised 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 Down 0.2 %
Shares of NYSE:MUFG opened at $12.06 on Monday. The company has a market capitalization of $145.48 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62. The company has a 50 day moving average of $11.82 and a two-hundred day moving average of $11.00. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.73 and a 52-week high of $12.31. 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 Company 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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