Advisors Asset Management Inc. Acquires 6,637 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Advisors Asset Management Inc. grew its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 14.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,247 shares of the company’s stock after purchasing an additional 6,637 shares during the period. Advisors Asset Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $522,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Addison Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group by 123.4% in the second quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock valued at $50,000 after purchasing an additional 2,546 shares during the period. Family Firm Inc. bought a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $53,000. Venturi Wealth Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after acquiring an additional 2,229 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 60.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock worth $58,000 after acquiring an additional 2,222 shares during the period. Finally, Rothschild Investment LLC bought a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $68,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Mitsubishi UFJ Financial Group stock opened at $11.59 on Thursday. The firm’s 50 day simple moving average is $10.83 and its 200 day simple moving average is $10.59. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. The firm has a market capitalization of $135.05 billion, a PE ratio of 11.36, a price-to-earnings-growth ratio of 1.10 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.19 and a 1-year high of $12.11.

Analyst Upgrades and Downgrades

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.

About Mitsubishi UFJ Financial Group

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.