Advisors Asset Management Inc. Grows Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Advisors Asset Management Inc. grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 14.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 51,247 shares of the company’s stock after buying an additional 6,637 shares during the quarter. Advisors Asset Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $522,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MUFG. Addison Advisors LLC boosted its stake in shares of 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 purchasing an additional 2,546 shares in the last quarter. Family Firm Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $53,000. Venturi Wealth Management LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 72.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after purchasing an additional 2,229 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 60.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock valued at $58,000 after purchasing an additional 2,222 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $68,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Down 0.3 %

NYSE:MUFG opened at $11.59 on Thursday. The company has a fifty day moving average of $10.83 and a 200 day moving average of $10.59. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.19 and a 52 week high of $12.11. 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 firm has a market capitalization of $135.05 billion, a P/E ratio of 11.36, a P/E/G ratio of 1.10 and a beta of 0.59.

Wall Street Analysts Forecast Growth

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

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.