O Shaughnessy Asset Management LLC raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 8.7% in the fourth quarter, HoldingsChannel reports. The firm owned 996,963 shares of the company’s stock after buying an additional 80,013 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $15,812,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Caprock Group LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth approximately $2,367,000. Tudor Investment Corp ET AL raised its position in shares of Mitsubishi UFJ Financial Group by 834.1% in the 3rd quarter. Tudor Investment Corp ET AL now owns 534,118 shares of the company’s stock worth $8,514,000 after acquiring an additional 476,941 shares in the last quarter. Natixis Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group by 14.9% in the 3rd quarter. Natixis Advisors LLC now owns 13,240,940 shares of the company’s stock worth $211,061,000 after acquiring an additional 1,718,759 shares in the last quarter. Factory Mutual Insurance Co. bought a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth approximately $6,286,000. Finally, JPMorgan Chase & Co. raised its position in shares of Mitsubishi UFJ Financial Group by 180.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,162,410 shares of the company’s stock worth $34,469,000 after acquiring an additional 1,390,497 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.
Mitsubishi UFJ Financial Group Stock Down 0.5%
Mitsubishi UFJ Financial Group stock opened at $19.82 on Wednesday. The company has a market capitalization of $235.18 billion, a P/E ratio of 14.05, a PEG ratio of 0.81 and a beta of 0.40. The stock’s 50 day moving average is $18.40 and its 200 day moving average is $17.61. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $13.19 and a twelve month high of $20.23.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings lowered Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
Read Our Latest Research Report on MUFG
Mitsubishi UFJ Financial Group Company Profile
Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.
MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.
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