Sanctuary Advisors LLC lifted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 72.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 280,668 shares of the company's stock after buying an additional 117,457 shares during the period. Sanctuary Advisors LLC's holdings in Mitsubishi UFJ Financial Group were worth $2,857,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Addison Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 123.4% during the 2nd quarter. Addison Advisors LLC now owns 4,609 shares of the company's stock worth $50,000 after purchasing an additional 2,546 shares during the last quarter. Family Firm Inc. purchased a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $53,000. Venturi Wealth Management LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 72.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company's stock valued at $54,000 after acquiring an additional 2,229 shares during the last quarter. Rothschild Investment LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $68,000. Finally, Ashton Thomas Private Wealth LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $86,000. Hedge funds and other institutional investors own 13.59% of the company's stock.
Mitsubishi UFJ Financial Group Stock Performance
Shares of MUFG stock traded down $0.27 during trading hours on Wednesday, hitting $11.51. The company's stock had a trading volume of 1,896,784 shares, compared to its average volume of 2,396,692. The company has a 50 day moving average of $11.32 and a 200 day moving average of $10.77. The stock has a market cap of $138.90 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 1.13 and a beta of 0.61. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.19 and a 12-month high of $12.31.
Analysts Set New Price Targets
Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a report on Saturday, November 23rd.
Read Our Latest Analysis on MUFG
Mitsubishi UFJ Financial Group Company Profile
(
Free Report)
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.
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