Ethic Inc. Buys 4,396 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Ethic Inc. boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,082 shares of the company’s stock after buying an additional 4,396 shares during the period. Ethic Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $2,486,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MUFG. Eagle Global Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 0.5% during the fourth quarter. Eagle Global Advisors LLC now owns 363,134 shares of the company’s stock worth $4,256,000 after buying an additional 1,635 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Mitsubishi UFJ Financial Group by 3.0% during the fourth quarter. Cetera Investment Advisers now owns 128,080 shares of the company’s stock worth $1,501,000 after acquiring an additional 3,790 shares in the last quarter. Cary Street Partners Financial LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth about $98,000. Benjamin Edwards Inc. boosted its stake in Mitsubishi UFJ Financial Group by 3.6% during the 4th quarter. Benjamin Edwards Inc. now owns 62,865 shares of the company’s stock valued at $737,000 after purchasing an additional 2,159 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in Mitsubishi UFJ Financial Group by 9.5% during the 4th quarter. Ameriprise Financial Inc. now owns 262,837 shares of the company’s stock worth $3,081,000 after purchasing an additional 22,804 shares in the last quarter. 13.59% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, StockNews.com lowered Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Thursday, May 1st.

Mitsubishi UFJ Financial Group Price Performance

MUFG opened at $12.54 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The company has a market capitalization of $151.33 billion, a price-to-earnings ratio of 11.50, a P/E/G ratio of 1.16 and a beta of 0.39. The firm’s fifty day moving average price is $12.68 and its two-hundred day moving average price is $12.23.

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.