Park Avenue Securities LLC Increases Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Park Avenue Securities LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 46.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 120,661 shares of the company's stock after acquiring an additional 38,085 shares during the period. Park Avenue Securities LLC's holdings in Mitsubishi UFJ Financial Group were worth $1,414,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MUFG. Massachusetts Financial Services Co. MA grew its stake in Mitsubishi UFJ Financial Group by 5.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 993,013 shares of the company's stock valued at $10,725,000 after acquiring an additional 52,064 shares during the period. Renaissance Technologies LLC raised its position in Mitsubishi UFJ Financial Group by 38.0% in the 2nd quarter. Renaissance Technologies LLC now owns 231,900 shares of the company's stock valued at $2,505,000 after buying an additional 63,900 shares during the last quarter. Brighton Jones LLC bought a new position in Mitsubishi UFJ Financial Group during the 2nd quarter valued at $121,000. Sei Investments Co. boosted its holdings in Mitsubishi UFJ Financial Group by 6.4% during the 2nd quarter. Sei Investments Co. now owns 3,250,210 shares of the company's stock worth $35,102,000 after acquiring an additional 195,882 shares during the last quarter. Finally, Summit Trail Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth $313,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

NYSE:MUFG traded down $0.03 during trading on Monday, reaching $12.06. The company's stock had a trading volume of 1,969,935 shares, compared to its average volume of 2,278,883. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.73 and a 12 month high of $12.31. The firm has a market cap of $145.48 billion, a price-to-earnings ratio of 11.82, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62. The firm has a 50 day moving average of $11.82 and a 200-day moving average of $11.00. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91.

Wall Street Analyst Weigh In

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

Mitsubishi UFJ Financial Group 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.