Oppenheimer Asset Management Inc. Increases Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Oppenheimer Asset Management Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,398 shares of the company’s stock after buying an additional 1,336 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $696,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Addison Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 123.4% in the 2nd 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 stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at approximately $53,000. Venturi Wealth Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 72.8% in the 3rd 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 last quarter. EverSource Wealth Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 60.9% in the 1st 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 last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at approximately $68,000. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Up 0.7 %

Shares of NYSE:MUFG opened at $11.77 on Tuesday. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.19 and a 52 week high of $12.11. The company’s 50 day moving average is $10.62 and its two-hundred day moving average is $10.52. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25. The company has a market cap of $137.15 billion, a PE ratio of 11.53, a P/E/G ratio of 1.08 and a beta of 0.59.

Analyst Upgrades and Downgrades

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

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.