Pekin Hardy Strauss Inc. Boosts Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Pekin Hardy Strauss Inc. boosted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 19.2% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 265,775 shares of the company's stock after purchasing an additional 42,875 shares during the period. Pekin Hardy Strauss Inc.'s holdings in Mitsubishi UFJ Financial Group were worth $2,706,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Addison Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 123.4% during the second quarter. Addison Advisors LLC now owns 4,609 shares of the company's stock valued at $50,000 after acquiring an additional 2,546 shares during the last quarter. Family Firm Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $53,000. Venturi Wealth Management LLC grew its position in 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 in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 60.9% during the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company's stock worth $58,000 after purchasing an additional 2,222 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the second quarter valued at approximately $68,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG traded up $0.10 during mid-day trading on Friday, reaching $11.82. 1,346,381 shares of the company's stock were exchanged, compared to its average volume of 1,745,975. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. The stock has a market capitalization of $137.79 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 1.09 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.19 and a 52-week high of $12.11. The business's fifty day simple moving average is $10.74 and its 200-day simple moving average is $10.56.

Analyst Upgrades and Downgrades

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

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.