Modera Wealth Management LLC acquired a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 18,102 shares of the company’s stock, valued at approximately $184,000.
Several other institutional investors and hedge funds have also modified their holdings of the business. Allworth Financial LP grew its stake in Mitsubishi UFJ Financial Group by 46.2% during the third quarter. Allworth Financial LP now owns 16,148 shares of the company’s stock worth $164,000 after buying an additional 5,102 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 6.2% in the third quarter. Ballentine Partners LLC now owns 59,700 shares of the company’s stock worth $608,000 after acquiring an additional 3,483 shares during the last quarter. Silver Oak Securities Incorporated bought a new position in Mitsubishi UFJ Financial Group in the 3rd quarter valued at approximately $483,000. Greenleaf Trust raised its holdings in Mitsubishi UFJ Financial Group by 2.5% in the 3rd quarter. Greenleaf Trust now owns 152,105 shares of the company’s stock valued at $1,548,000 after buying an additional 3,764 shares during the last quarter. Finally, Waldron Private Wealth LLC raised its holdings in Mitsubishi UFJ Financial Group by 9.0% in the 3rd quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company’s stock valued at $120,000 after buying an additional 968 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.
Mitsubishi UFJ Financial Group Stock Up 2.1 %
Shares of NYSE MUFG opened at $10.51 on Wednesday. The company has a 50 day simple moving average of $10.39 and a 200 day simple moving average of $10.38. The firm has a market cap of $123.18 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 0.98 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $7.89 and a 1 year high of $11.72. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92.
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.
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