Artemis Investment Management LLP Takes $10.88 Million Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Artemis Investment Management LLP bought a new position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 928,337 shares of the company’s stock, valued at approximately $10,880,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its stake in shares of Mitsubishi UFJ Financial Group by 5.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 993,013 shares of the company’s stock valued at $10,725,000 after purchasing an additional 52,064 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Mitsubishi UFJ Financial Group by 38.0% in the 2nd quarter. Renaissance Technologies LLC now owns 231,900 shares of the company’s stock valued at $2,505,000 after buying an additional 63,900 shares during the period. Brighton Jones LLC acquired a new position in Mitsubishi UFJ Financial Group in the second quarter valued at about $121,000. Sei Investments Co. boosted its stake in Mitsubishi UFJ Financial Group by 6.4% during the second quarter. Sei Investments Co. now owns 3,250,210 shares of the company’s stock worth $35,102,000 after buying an additional 195,882 shares during the period. Finally, Summit Trail Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter valued at about $313,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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 Trading Down 0.2 %

MUFG opened at $12.06 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.73 and a 52 week high of $12.31. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The business has a fifty day simple moving average of $11.82 and a 200-day simple moving average of $11.00. The firm has a market cap of $145.48 billion, a P/E ratio of 11.82, a P/E/G ratio of 1.09 and a beta of 0.62.

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.