Fisher Asset Management LLC Raises Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Fisher Asset Management LLC boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 15.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 7,853,310 shares of the company's stock after acquiring an additional 1,067,409 shares during the quarter. Fisher Asset Management LLC owned 0.07% of Mitsubishi UFJ Financial Group worth $79,947,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. boosted its stake in Mitsubishi UFJ Financial Group by 45.3% during the 1st quarter. Russell Investments Group Ltd. now owns 33,690 shares of the company's stock worth $345,000 after purchasing an additional 10,511 shares during the last quarter. Bessemer Group Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 27.4% during the 1st quarter. Bessemer Group Inc. now owns 14,860 shares of the company's stock worth $152,000 after acquiring an additional 3,194 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Mitsubishi UFJ Financial Group by 3.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 642,863 shares of the company's stock worth $6,577,000 after acquiring an additional 21,277 shares during the period. B. Riley Wealth Advisors Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth $155,000. Finally, Virtu Financial LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth $423,000. Institutional investors and hedge funds own 13.59% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Saturday.

Mitsubishi UFJ Financial Group Trading Down 1.6 %

NYSE MUFG traded down $0.19 during trading on Tuesday, hitting $11.62. The stock had a trading volume of 1,274,725 shares, compared to its average volume of 2,439,367. The company has a market capitalization of $135.46 billion, a PE ratio of 11.58, a PEG ratio of 1.10 and a beta of 0.59. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The firm has a 50 day moving average price of $10.77 and a 200 day moving average price of $10.57. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.19 and a twelve month high of $12.11.

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.