First Command Advisory Services Inc. increased its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 624.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,956 shares of the company’s stock after purchasing an additional 26,684 shares during the quarter. First Command Advisory Services Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $714,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the stock. Elevation Wealth Partners LLC bought a new position in Mitsubishi UFJ Financial Group in the 2nd quarter valued at about $25,000. Signature Equity Partners LLC raised its position in shares of Mitsubishi UFJ Financial Group by 73.0% during the 1st quarter. Signature Equity Partners LLC now owns 1,697 shares of the company’s stock worth $29,000 after buying an additional 716 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth about $32,000. Laurel Wealth Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth about $38,000. Finally, Retirement Wealth Solutions LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 81.3% in the 3rd quarter. Retirement Wealth Solutions LLC now owns 2,011 shares of the company’s stock worth $46,000 after acquiring an additional 902 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on MUFG shares. Weiss Ratings upgraded shares of Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, September 25th. Zacks Research lowered shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 3rd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on MUFG
Mitsubishi UFJ Financial Group Stock Up 1.5%
Shares of MUFG stock opened at $21.96 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $14.88 and a 1 year high of $24.26. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.85 and a current ratio of 0.85. The business’s fifty day moving average is $22.49 and its 200-day moving average is $20.28. The stock has a market cap of $260.67 billion, a PE ratio of 13.62, a price-to-earnings-growth ratio of 0.81 and a beta of 0.51.
About Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) is a Japan-based financial services group headquartered in Tokyo. It was formed in 2005 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings. MUFG provides commercial and retail banking, trust banking, securities, credit card and consumer finance, asset management, and leasing services. Its businesses serve individuals, companies, and institutional clients. The group operates primarily in Japan and also serves customers through a broad international network across the Americas, Europe, and Asia-Pacific.
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