Ritholtz Wealth Management lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 14.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 236,468 shares of the company’s stock after acquiring an additional 29,637 shares during the period. Ritholtz Wealth Management’s holdings in Mitsubishi UFJ Financial Group were worth $2,407,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norden Group LLC bought a new position in Mitsubishi UFJ Financial Group during the 1st quarter valued at $2,219,000. Diversify Advisory Services LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the first quarter worth $941,000. Capital Wealth Planning LLC lifted its holdings in Mitsubishi UFJ Financial Group by 25.7% during the 1st quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock worth $4,648,000 after purchasing an additional 92,848 shares in the last quarter. Fisher Asset Management LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $57,954,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 1.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,508,806 shares of the company’s stock worth $99,091,000 after purchasing an additional 115,364 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.
Mitsubishi UFJ Financial Group Stock Performance
NYSE MUFG opened at $10.66 on Friday. 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 company has a fifty day moving average of $10.23 and a 200-day moving average of $10.35. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $7.89 and a 52-week high of $11.72. The company has a market capitalization of $125.00 billion, a P/E ratio of 12.25, a P/E/G ratio of 0.95 and a beta of 0.59.
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.
Further Reading
- Five stocks we like better than Mitsubishi UFJ Financial Group
- Insider Selling Explained: Can it Inform Your Investing Choices?
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
- What Are Dividend Contenders? Investing in Dividend Contenders
- China’s EV Rally: Should Investors Chase, Avoid, or Buy the Dip?
- Stock Analyst Ratings and Canadian Analyst Ratings
- MarketBeat Week in Review – 10/7 – 10/11
Receive News & Ratings for Mitsubishi UFJ Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.