Todd Asset Management LLC boosted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,069,663 shares of the company’s stock after purchasing an additional 24,038 shares during the period. Mitsubishi UFJ Financial Group makes up 1.1% of Todd Asset Management LLC’s holdings, making the stock its 25th biggest holding. Todd Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $47,696,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Venturi Wealth Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 72.8% during the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after acquiring an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter valued at about $55,000. Sierra Ocean LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at about $62,000. Versant Capital Management Inc acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at about $71,000. Finally, Addison Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 26.0% during the fourth quarter. Addison Advisors LLC now owns 6,129 shares of the company’s stock valued at $72,000 after acquiring an additional 1,263 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.
Mitsubishi UFJ Financial Group Trading Down 0.5 %
Shares of MUFG stock opened at $12.58 on Tuesday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The stock has a market capitalization of $151.75 billion, a P/E ratio of 11.54, a price-to-earnings-growth ratio of 1.16 and a beta of 0.61. The company has a 50 day moving average price of $12.20 and a 200 day moving average price of $11.32. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $13.34.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.
Get Our Latest Stock Report on MUFG
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.
Featured Articles
- Five stocks we like better than Mitsubishi UFJ Financial Group
- What Do S&P 500 Stocks Tell Investors About the Market?
- 3 Explosive Tech Stocks Breaking Out Right Now
- How to Calculate Options Profits
- BigBear.ai: Is It Opportunity Knocking or a Trap Door?
- What does consumer price index measure?
- Finding Hidden Gems: Unconventional Penny Stock Investing
Want to see what other hedge funds are holding MUFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report).
Receive News & Ratings for Mitsubishi UFJ Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.