PNC Financial Services Group Inc. Has $3.07 Million Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

PNC Financial Services Group Inc. increased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 301,488 shares of the company’s stock after acquiring an additional 5,805 shares during the period. PNC Financial Services Group Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $3,069,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MUFG. Thornburg Investment Management Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 154.2% during the second quarter. Thornburg Investment Management Inc. now owns 1,105,928 shares of the company’s stock worth $12,041,000 after acquiring an additional 670,787 shares during the period. Teachers Retirement System of The State of Kentucky increased its stake in Mitsubishi UFJ Financial Group by 20.9% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company’s stock valued at $23,960,000 after buying an additional 405,000 shares during the last quarter. Natixis Advisors LLC increased its stake in Mitsubishi UFJ Financial Group by 3.2% in the 2nd quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company’s stock valued at $130,248,000 after buying an additional 379,105 shares during the last quarter. Chevy Chase Trust Holdings LLC increased its stake in Mitsubishi UFJ Financial Group by 3.8% in the 2nd quarter. Chevy Chase Trust Holdings LLC now owns 5,879,191 shares of the company’s stock valued at $63,495,000 after buying an additional 217,799 shares during the last quarter. Finally, Retireful LLC acquired a new stake in Mitsubishi UFJ Financial Group in the 2nd quarter valued at $2,174,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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 Stock Up 0.9 %

Shares of MUFG stock opened at $11.82 on Monday. 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 1 year low of $8.19 and a 1 year high of $12.11. The firm’s fifty day moving average price is $10.74 and its two-hundred day moving average price is $10.56. The firm has a market capitalization of $137.79 billion, a P/E ratio of 11.59, a PEG ratio of 1.09 and a beta of 0.59.

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.