Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by Cerity Partners LLC

Cerity Partners LLC raised its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 30.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 818,014 shares of the company’s stock after acquiring an additional 189,887 shares during the period. Cerity Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $8,327,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Addison Advisors LLC raised its position in Mitsubishi UFJ Financial Group by 123.4% in the second quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock worth $50,000 after acquiring an additional 2,546 shares in the last quarter. Family Firm Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group during the 2nd quarter worth $53,000. Venturi Wealth Management LLC lifted its stake 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 valued at $54,000 after purchasing an additional 2,229 shares during the period. EverSource Wealth Advisors LLC lifted 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 valued at $58,000 after purchasing an additional 2,222 shares during the period. Finally, Rothschild Investment LLC acquired a new position in Mitsubishi UFJ Financial Group during the second quarter worth about $68,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Analysts Set New Price Targets

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

Mitsubishi UFJ Financial Group Stock Down 0.3 %

MUFG stock opened at $11.59 on Thursday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. The company’s 50 day simple moving average is $10.83 and its 200-day simple moving average is $10.59. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.11. The firm has a market capitalization of $135.05 billion, a PE ratio of 11.36, a P/E/G ratio of 1.10 and a beta of 0.59.

Mitsubishi UFJ Financial Group Company 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.