Confluence Investment Management LLC reduced its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 3.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 92,783 shares of the company’s stock after selling 3,277 shares during the quarter. Confluence Investment Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $945,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 98.7% in the 3rd quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock valued at $1,358,000 after acquiring an additional 62,449 shares in the last quarter. O Shaughnessy Asset Management LLC grew its stake in Mitsubishi UFJ Financial Group by 23.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company’s stock valued at $6,780,000 after purchasing an additional 125,467 shares in the last quarter. Federated Hermes Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 17.7% during the 2nd quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock worth $10,537,000 after purchasing an additional 146,904 shares during the last quarter. Sei Investments Co. raised its stake in shares of Mitsubishi UFJ Financial Group by 3.0% during the 1st quarter. Sei Investments Co. now owns 3,054,328 shares of the company’s stock worth $31,246,000 after purchasing an additional 88,080 shares in the last quarter. Finally, QRG Capital Management Inc. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 10.4% in the 1st quarter. QRG Capital Management Inc. now owns 657,724 shares of the company’s stock valued at $6,729,000 after buying an additional 62,166 shares during the last quarter. 13.59% of the stock is owned by institutional investors.
Mitsubishi UFJ Financial Group Price Performance
NYSE:MUFG opened at $11.54 on Friday. The stock has a market capitalization of $134.47 billion, a PE ratio of 13.90, a P/E/G ratio of 1.06 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.06 and a 1-year high of $11.72. The firm has a fifty day simple moving average of $10.47 and a 200 day simple moving average of $10.44. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 2.25.
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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