Park Avenue Securities LLC Increases Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Park Avenue Securities LLC boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGFree Report) by 46.1% during the fourth quarter, HoldingsChannel reports. The fund owned 120,661 shares of the company’s stock after buying an additional 38,085 shares during the quarter. Park Avenue Securities LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,414,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Venturi Wealth Management LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after buying an additional 2,229 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $55,000. Versant Capital Management Inc purchased a new stake in Mitsubishi UFJ Financial Group in the 4th quarter worth approximately $71,000. Eagle Bay Advisors LLC boosted its holdings in Mitsubishi UFJ Financial Group by 9.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after purchasing an additional 858 shares during the period. Finally, Marcum Wealth LLC bought a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at $119,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Down 0.2 %

Shares of NYSE MUFG opened at $12.06 on Monday. 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 business has a 50-day moving average of $11.82 and a 200-day moving average of $11.00. The firm has a market capitalization of $145.48 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 1.09 and a beta of 0.62. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.73 and a 12 month high of $12.31.

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.

Get Our Latest Research Report on MUFG

Mitsubishi UFJ Financial Group Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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