Charles Schwab Investment Management Inc. Boosts Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Charles Schwab Investment Management Inc. lifted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 14.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 699,645 shares of the company's stock after purchasing an additional 88,034 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $7,122,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Advisors Asset Management Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 14.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 51,247 shares of the company's stock valued at $522,000 after purchasing an additional 6,637 shares during the last quarter. West Family Investments Inc. grew its stake in shares of Mitsubishi UFJ Financial Group by 7.5% during the third quarter. West Family Investments Inc. now owns 51,739 shares of the company's stock valued at $527,000 after buying an additional 3,613 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Mitsubishi UFJ Financial Group by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 301,488 shares of the company's stock valued at $3,069,000 after buying an additional 5,805 shares during the last quarter. Caprock Group LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the third quarter worth about $1,318,000. Finally, Adero Partners LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 13.5% in the 3rd quarter. Adero Partners LLC now owns 12,172 shares of the company's stock valued at $124,000 after acquiring an additional 1,448 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Trading Up 0.2 %

NYSE:MUFG traded up $0.03 during midday trading on Thursday, reaching $12.17. 2,489,070 shares of the stock traded hands, compared to its average volume of 2,400,410. The stock has a market capitalization of $141.87 billion, a P/E ratio of 11.93, a PEG ratio of 1.12 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.31. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91. The company has a fifty day moving average of $11.18 and a 200 day moving average of $10.72.

Analyst Ratings Changes

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

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.