129,491 Shares in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Purchased by Caprock Group LLC

Caprock Group LLC acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 129,491 shares of the company's stock, valued at approximately $1,318,000.

Several other hedge funds have also recently added to or reduced their stakes in MUFG. Catalina Capital Group LLC raised its holdings in Mitsubishi UFJ Financial Group by 5.4% during the second quarter. Catalina Capital Group LLC now owns 17,965 shares of the company's stock worth $194,000 after purchasing an additional 918 shares in the last quarter. First Affirmative Financial Network increased its holdings in shares of Mitsubishi UFJ Financial Group by 5.1% in the 2nd quarter. First Affirmative Financial Network now owns 19,463 shares of the company's stock valued at $210,000 after acquiring an additional 938 shares during the period. Waldron Private Wealth LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 9.0% in the 3rd quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company's stock valued at $120,000 after acquiring an additional 968 shares during the period. Traveka Wealth LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 2.7% in the 2nd quarter. Traveka Wealth LLC now owns 37,775 shares of the company's stock valued at $408,000 after acquiring an additional 980 shares during the period. Finally, LRI Investments LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 6.9% in the 2nd quarter. LRI Investments LLC now owns 15,156 shares of the company's stock valued at $164,000 after acquiring an additional 981 shares during the period. Institutional investors and hedge funds own 13.59% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a report on Friday, November 15th.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG opened at $11.67 on Thursday. The firm has a market capitalization of $136.04 billion, a P/E ratio of 11.44, a PEG ratio of 1.10 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.19 and a one year high of $12.11. The company's fifty day moving average is $10.69 and its two-hundred day moving average is $10.54. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91.

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.