Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 28.3% during the fourth quarter, HoldingsChannel reports. The fund owned 36,258 shares of the company’s stock after buying an additional 7,989 shares during the period. GAMMA Investing LLC’s holdings in Mitsubishi UFJ Financial Group were worth $425,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Blue Trust Inc. grew its stake in shares of Mitsubishi UFJ Financial Group by 98.7% during the 3rd quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock worth $1,358,000 after purchasing an additional 62,449 shares during the period. Barclays PLC purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter worth about $752,000. Federated Hermes Inc. grew its position 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 period. Fisher Asset Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after buying an additional 1,067,409 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 11.8% during the 3rd quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock worth $261,000 after buying an additional 2,701 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Up 0.8 %

Shares of MUFG opened at $11.75 on Monday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.51 and a 1-year high of $12.31. The stock has a market cap of $141.80 billion, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 1.12 and a beta of 0.62. The firm has a 50 day simple moving average of $11.59 and a 200-day simple moving average of $10.89.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group 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.