Quantbot Technologies LP Buys 42,958 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Quantbot Technologies LP grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 87.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,973 shares of the company’s stock after buying an additional 42,958 shares during the period. Quantbot Technologies LP’s holdings in Mitsubishi UFJ Financial Group were worth $936,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in MUFG. Addison Advisors LLC grew its stake 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 in the second quarter worth about $53,000. Venturi Wealth Management LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 72.8% during the 3rd 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 last quarter. EverSource Wealth Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 60.9% during 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 during the period. Finally, Rothschild Investment LLC bought a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter valued at approximately $68,000. Institutional investors own 13.59% of the company’s stock.

Analysts Set New Price Targets

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

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG 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 company has a fifty day moving average price of $10.88 and a 200 day moving average price of $10.61. The stock has a market cap of $138.84 billion, a P/E ratio of 11.68, a PEG ratio of 1.10 and a beta of 0.59.

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.