Huntington National Bank Acquires 1,770 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Huntington National Bank lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 13.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,104 shares of the company’s stock after buying an additional 1,770 shares during the period. Huntington National Bank’s holdings in Mitsubishi UFJ Financial Group were worth $154,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. grew its stake in Mitsubishi UFJ Financial Group by 98.7% in the 3rd quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock valued at $1,358,000 after purchasing an additional 62,449 shares during the period. O Shaughnessy Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 23.4% during the first quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company’s stock valued at $6,780,000 after buying an additional 125,467 shares during the period. Federated Hermes Inc. increased its holdings in Mitsubishi UFJ Financial Group by 17.7% during the second quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock worth $10,537,000 after buying an additional 146,904 shares during the last quarter. Bleakley Financial Group LLC raised its position in Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock worth $261,000 after acquiring an additional 2,701 shares during the period. Finally, Teachers Retirement System of The State of Kentucky boosted its stake in Mitsubishi UFJ Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company’s stock valued at $23,960,000 after acquiring an additional 405,000 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Analysts Set New Price Targets

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

Mitsubishi UFJ Financial Group Trading Down 3.2 %

Shares of MUFG opened at $11.68 on Monday. The firm has a market cap of $136.16 billion, a P/E ratio of 11.45, a price-to-earnings-growth ratio of 1.08 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.19 and a fifty-two week high of $12.11. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92. The business has a 50-day moving average of $10.59 and a 200 day moving average of $10.51.

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.