Ballentine Partners LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 68,755 shares of the company’s stock after purchasing an additional 9,055 shares during the period. Ballentine Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $806,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC lifted its holdings in Mitsubishi UFJ Financial Group by 15.7% during the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after buying an additional 1,067,409 shares during the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at approximately $10,880,000. Clearbridge Investments LLC lifted its stake in Mitsubishi UFJ Financial Group by 0.3% during the second quarter. Clearbridge Investments LLC now owns 894,456 shares of the company’s stock worth $9,660,000 after purchasing an additional 2,629 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 23.4% in the third quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock worth $8,816,000 after purchasing an additional 164,206 shares during the period. Finally, Cerity Partners LLC increased its stake in Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after purchasing an additional 189,887 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.
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 research report on Saturday, November 23rd.
Mitsubishi UFJ Financial Group Stock Performance
Shares of MUFG stock opened at $12.13 on Thursday. The company has a market cap of $146.32 billion, a P/E ratio of 11.89, a PEG ratio of 1.12 and a beta of 0.62. The business has a 50 day moving average of $11.85 and a two-hundred day moving average of $11.02. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $12.56. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04.
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.
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