Benjamin Edwards Inc. Invests $618,000 in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Benjamin Edwards Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 60,706 shares of the company's stock, valued at approximately $618,000.

Several other institutional investors also recently bought and sold shares of the business. Fisher Asset Management LLC lifted its position in shares of 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 buying an additional 1,067,409 shares during the last quarter. Thornburg Investment Management Inc. boosted its stake in Mitsubishi UFJ Financial Group by 154.2% in the second quarter. Thornburg Investment Management Inc. now owns 1,105,928 shares of the company's stock valued at $12,041,000 after acquiring an additional 670,787 shares in the last quarter. Natixis Advisors LLC grew its holdings in Mitsubishi UFJ Financial Group by 3.2% in the second quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company's stock worth $130,248,000 after purchasing an additional 379,105 shares during the last quarter. BNP Paribas Financial Markets increased its position in shares of Mitsubishi UFJ Financial Group by 140.9% during the third quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company's stock worth $5,240,000 after purchasing an additional 301,065 shares in the last quarter. Finally, Chevy Chase Trust Holdings LLC increased its position in shares of Mitsubishi UFJ Financial Group by 3.8% during the second quarter. Chevy Chase Trust Holdings LLC now owns 5,879,191 shares of the company's stock worth $63,495,000 after purchasing an additional 217,799 shares in the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Down 0.3 %

NYSE MUFG traded down $0.04 during trading on Friday, hitting $12.04. The company's stock had a trading volume of 1,186,512 shares, compared to its average volume of 1,604,989. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.19 and a fifty-two week high of $12.31. The company has a market cap of $140.35 billion, a PE ratio of 11.80, a P/E/G ratio of 1.11 and a beta of 0.61. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. The business's 50 day simple moving average is $11.07 and its 200-day simple moving average is $10.69.

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.

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.