Fisher Asset Management LLC Boosts Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Fisher Asset Management LLC lifted its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 15.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,853,310 shares of the company’s stock after buying an additional 1,067,409 shares during the quarter. Fisher Asset Management LLC owned about 0.07% of Mitsubishi UFJ Financial Group worth $79,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MUFG. Russell Investments Group Ltd. lifted its stake in shares of Mitsubishi UFJ Financial Group by 45.3% in the 1st quarter. Russell Investments Group Ltd. now owns 33,690 shares of the company’s stock valued at $345,000 after purchasing an additional 10,511 shares during the period. Bessemer Group Inc. lifted its position in Mitsubishi UFJ Financial Group by 27.4% during the 1st quarter. Bessemer Group Inc. now owns 14,860 shares of the company’s stock valued at $152,000 after acquiring an additional 3,194 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Mitsubishi UFJ Financial Group by 3.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 642,863 shares of the company’s stock worth $6,577,000 after acquiring an additional 21,277 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in Mitsubishi UFJ Financial Group in the first quarter worth about $155,000. Finally, Virtu Financial LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the first quarter valued at approximately $423,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Down 0.1 %

NYSE:MUFG opened at $11.81 on Tuesday. The firm has a 50-day simple moving average of $10.77 and a two-hundred day simple moving average of $10.57. The firm has a market cap of $137.67 billion, a P/E ratio of 11.58, a P/E/G ratio of 1.10 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.19 and a fifty-two week high of $12.11. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91.

Analyst Ratings Changes

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday.

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.