Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by Assetmark Inc.

Assetmark Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 9.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,058 shares of the company’s stock after acquiring an additional 3,997 shares during the quarter. Assetmark Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $469,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Addison Advisors LLC boosted 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 period. Family Firm Inc. acquired a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $53,000. EverSource Wealth Advisors LLC lifted its position in Mitsubishi UFJ Financial Group by 60.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock worth $58,000 after acquiring an additional 2,222 shares during the period. Rothschild Investment LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $68,000. Finally, Ashton Thomas Private Wealth LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 2nd quarter worth approximately $86,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $11.68 on Friday. The stock has a fifty day moving average price of $10.56 and a 200 day moving average price of $10.49. The stock has a market cap of $136.10 billion, a PE ratio of 14.07, a P/E/G ratio of 1.07 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.19 and a 1 year 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.

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.