West Family Investments Inc. Buys 3,613 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

West Family Investments Inc. lifted its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 7.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 51,739 shares of the company’s stock after buying an additional 3,613 shares during the quarter. West Family Investments Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $527,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Natixis Advisors LLC grew its holdings in Mitsubishi UFJ Financial Group by 3.2% during the 2nd quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company’s stock worth $130,248,000 after acquiring an additional 379,105 shares during the period. Chevy Chase Trust Holdings LLC boosted its holdings in Mitsubishi UFJ Financial Group by 3.8% during 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 acquiring an additional 217,799 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,440,510 shares of the company’s stock valued at $47,958,000 after acquiring an additional 135,773 shares during the last quarter. Sei Investments Co. lifted its stake in Mitsubishi UFJ Financial Group by 6.4% in the second 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 period. Finally, Raymond James & Associates grew its holdings in shares of Mitsubishi UFJ Financial Group by 4.3% during the 2nd quarter. Raymond James & Associates now owns 2,525,821 shares of the company’s stock worth $27,279,000 after acquiring an additional 104,256 shares during the period. 13.59% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Friday.

Mitsubishi UFJ Financial Group Stock Up 0.9 %

MUFG opened at $11.85 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The company has a market capitalization of $138.14 billion, a PE ratio of 11.53, a price-to-earnings-growth ratio of 1.08 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 firm has a 50-day simple moving average of $10.62 and a two-hundred day simple moving average of $10.52.

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.