JPMorgan Chase & Co. Has $2.63 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

JPMorgan Chase & Co. raised its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 41.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 258,298 shares of the company's stock after buying an additional 75,997 shares during the period. JPMorgan Chase & Co.'s holdings in Mitsubishi UFJ Financial Group were worth $2,629,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MUFG. Franklin Resources Inc. grew its position in Mitsubishi UFJ Financial Group by 1.9% in the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company's stock worth $526,000 after buying an additional 938 shares during the last quarter. Abel Hall LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 4.9% in the 3rd quarter. Abel Hall LLC now owns 20,388 shares of the company's stock valued at $208,000 after purchasing an additional 949 shares during the period. Waldron Private Wealth LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 9.0% in the third quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company's stock worth $120,000 after purchasing an additional 968 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 2.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 68,398 shares of the company's stock worth $696,000 after purchasing an additional 1,336 shares during the period. Finally, Adero Partners LLC grew its position in Mitsubishi UFJ Financial Group by 13.5% during the third quarter. Adero Partners LLC now owns 12,172 shares of the company's stock valued at $124,000 after purchasing an additional 1,448 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Stock Performance

MUFG traded up $0.50 during trading on Tuesday, hitting $12.55. The stock had a trading volume of 3,615,280 shares, compared to its average volume of 2,913,870. The firm has a market cap of $151.39 billion, a PE ratio of 12.30, a P/E/G ratio of 1.12 and a beta of 0.62. The company has a 50 day simple moving average of $11.83 and a 200-day simple moving average of $11.01. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $12.56. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04.

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.