Townsquare Capital LLC Has $1.63 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Townsquare Capital LLC grew its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.7% during the third quarter, HoldingsChannel.com reports. The firm owned 159,859 shares of the company’s stock after purchasing an additional 2,700 shares during the period. Townsquare Capital LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,627,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in MUFG. Addison Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 123.4% in the 2nd quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock valued at $50,000 after buying an additional 2,546 shares during the last quarter. Family Firm Inc. bought a new position in shares of Mitsubishi UFJ Financial Group during the second quarter valued at $53,000. Venturi Wealth Management LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 72.8% during the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after purchasing an additional 2,229 shares during the period. EverSource Wealth Advisors LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 60.9% in the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock worth $58,000 after purchasing an additional 2,222 shares during the last quarter. Finally, Rothschild Investment LLC acquired a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at $68,000. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $11.91 on Monday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.19 and a one year high of $12.11. The business’s 50 day simple moving average is $10.88 and its 200 day simple moving average is $10.61. The stock has a market capitalization of $138.84 billion, a PE ratio of 11.68, a PEG ratio of 1.10 and a beta of 0.59.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

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.