Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Bought by West Family Investments Inc.

West Family Investments Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 7.5% during the third quarter, Holdings Channel.com reports. The fund owned 51,739 shares of the company’s stock after buying an additional 3,613 shares during the period. West Family Investments Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $527,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. lifted its stake in Mitsubishi UFJ Financial Group by 2.0% during the third quarter. PNC Financial Services Group Inc. now owns 301,488 shares of the company’s stock worth $3,069,000 after purchasing an additional 5,805 shares in the last quarter. Caprock Group LLC acquired a new position in Mitsubishi UFJ Financial Group in the third quarter valued at $1,318,000. Adero Partners LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 13.5% in the 3rd quarter. Adero Partners LLC now owns 12,172 shares of the company’s stock valued at $124,000 after purchasing an additional 1,448 shares in the last quarter. Huntington National Bank grew its position in Mitsubishi UFJ Financial Group by 13.3% in the third quarter. Huntington National Bank now owns 15,104 shares of the company’s stock valued at $154,000 after acquiring an additional 1,770 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its stake in Mitsubishi UFJ Financial Group by 2.0% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 68,398 shares of the company’s stock valued at $696,000 after purchasing an additional 1,336 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG opened at $11.85 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.19 and a 12-month high of $12.11. The company’s fifty day moving average is $10.62 and its two-hundred day moving average is $10.52. The company has a market cap of $138.14 billion, a P/E ratio of 11.53, a price-to-earnings-growth ratio of 1.08 and a beta of 0.59.

Wall Street Analysts Forecast Growth

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

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.