Atomi Financial Group Inc. Acquires 8,853 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Atomi Financial Group Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 9.5% in the fourth quarter, HoldingsChannel reports. The fund owned 102,012 shares of the company’s stock after purchasing an additional 8,853 shares during the quarter. Atomi Financial Group Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fisher Asset Management LLC lifted 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 valued at $79,947,000 after purchasing an additional 1,067,409 shares in the last quarter. Sei Investments Co. raised its stake in shares of Mitsubishi UFJ Financial Group by 6.4% in the second quarter. Sei Investments Co. now owns 3,250,210 shares of the company’s stock worth $35,102,000 after buying an additional 195,882 shares during the period. Artemis Investment Management LLP purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at about $10,880,000. Clearbridge Investments LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 0.3% during the 2nd quarter. Clearbridge Investments LLC now owns 894,456 shares of the company’s stock valued at $9,660,000 after acquiring an additional 2,629 shares during the period. Finally, Crossmark Global Holdings Inc. increased its holdings in Mitsubishi UFJ Financial Group by 0.9% in the 4th quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock worth $10,245,000 after acquiring an additional 8,155 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Mitsubishi UFJ Financial Group Stock Up 4.1 %

MUFG opened at $12.55 on Wednesday. The stock has a market cap of $151.39 billion, a price-to-earnings ratio of 12.30, a price-to-earnings-growth ratio of 1.12 and a beta of 0.62. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91. The firm’s fifty day moving average is $11.83 and its 200 day moving average is $11.01. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $12.56.

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.