Benjamin Edwards Inc. Buys New Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Benjamin Edwards Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 60,706 shares of the company’s stock, valued at approximately $618,000.

Other institutional investors have also modified their holdings of the company. Cetera Advisors LLC acquired a new stake in Mitsubishi UFJ Financial Group during the first quarter worth approximately $131,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth $167,000. Wedmont Private Capital grew its position in shares of Mitsubishi UFJ Financial Group by 46.4% in the second quarter. Wedmont Private Capital now owns 25,782 shares of the company’s stock valued at $285,000 after purchasing an additional 8,176 shares during the period. Traveka Wealth LLC increased its stake in Mitsubishi UFJ Financial Group by 2.7% in the second quarter. Traveka Wealth LLC now owns 37,775 shares of the company’s stock valued at $408,000 after purchasing an additional 980 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in Mitsubishi UFJ Financial Group by 86.4% during the second quarter. Blue Trust Inc. now owns 63,285 shares of the company’s stock worth $647,000 after buying an additional 29,336 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $12.04 on Friday. 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 has a market capitalization of $140.35 billion, a price-to-earnings ratio of 11.80, a price-to-earnings-growth ratio of 1.11 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.19 and a one year high of $12.31. The company has a 50 day moving average price of $11.07 and a 200 day moving average price of $10.68.

Analyst Upgrades and Downgrades

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

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.