Assetmark Inc. Has $469,000 Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Assetmark Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 9.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,058 shares of the company’s stock after acquiring an additional 3,997 shares during the quarter. Assetmark Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $469,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Addison Advisors LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 123.4% in the second 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 during the last quarter. Family Firm Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth approximately $53,000. EverSource Wealth Advisors LLC increased 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 buying an additional 2,222 shares during the period. Rothschild Investment LLC bought a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at $68,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 2nd quarter valued at $86,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Down 3.3 %

Mitsubishi UFJ Financial Group stock opened at $11.68 on Friday. The stock has a market capitalization of $136.10 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 1.07 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.11. The business has a 50 day simple moving average of $10.56 and a 200-day simple moving average of $10.49. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92.

Analyst Ratings Changes

Separately, StockNews.com downgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Friday.

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.