Procyon Advisors LLC increased its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 18.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,459 shares of the company’s stock after purchasing an additional 6,244 shares during the quarter. Procyon Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $462,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also added to or reduced their stakes in the company. Venturi Wealth Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after purchasing an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter worth approximately $55,000. Versant Capital Management Inc acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at $71,000. Eagle Bay Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 9.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after acquiring an additional 858 shares in the last quarter. Finally, Marcum Wealth LLC acquired a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $119,000. 13.59% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.
Mitsubishi UFJ Financial Group Trading Down 0.2 %
NYSE:MUFG opened at $12.06 on Friday. 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’s 50 day moving average is $11.82 and its two-hundred day moving average is $11.00. 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 market cap of $145.48 billion, a PE 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.
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