Silver Oak Securities Incorporated purchased a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 47,683 shares of the company’s stock, valued at approximately $483,000.
A number of other hedge funds have also modified their holdings of MUFG. Natixis Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 3.2% in the 2nd quarter. Natixis Advisors LLC now owns 12,059,977 shares of the company’s stock worth $130,248,000 after buying an additional 379,105 shares during the period. Chevy Chase Trust Holdings LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 3.8% in the second quarter. Chevy Chase Trust Holdings LLC now owns 5,879,191 shares of the company’s stock worth $63,495,000 after acquiring an additional 217,799 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 4,440,510 shares of the company’s stock worth $47,958,000 after purchasing an additional 135,773 shares during the last quarter. Sei Investments Co. boosted its holdings in Mitsubishi UFJ Financial Group by 6.4% in the second quarter. Sei Investments Co. now owns 3,250,210 shares of the company’s stock valued at $35,102,000 after purchasing an additional 195,882 shares during the last quarter. Finally, Raymond James & Associates grew its position in Mitsubishi UFJ Financial Group by 4.3% during the 2nd quarter. Raymond James & Associates now owns 2,525,821 shares of the company’s stock worth $27,279,000 after purchasing an additional 104,256 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.
Mitsubishi UFJ Financial Group Stock Performance
NYSE MUFG opened at $10.22 on Friday. The firm has a market capitalization of $119.14 billion, a P/E ratio of 12.31, a PEG ratio of 0.98 and a beta of 0.59. The stock has a 50-day simple moving average of $10.40 and a two-hundred day simple moving average of $10.37. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.89 and a fifty-two week high of $11.72.
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.
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