Janney Montgomery Scott LLC Buys 13,196 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Janney Montgomery Scott LLC grew its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 12.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 118,568 shares of the company’s stock after purchasing an additional 13,196 shares during the period. Janney Montgomery Scott LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,207,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Blue Trust Inc. boosted its stake in Mitsubishi UFJ Financial Group by 98.7% during the third quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock worth $1,358,000 after acquiring an additional 62,449 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of 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 worth $6,780,000 after buying an additional 125,467 shares in the last quarter. Federated Hermes Inc. lifted its stake in shares of Mitsubishi UFJ Financial Group by 17.7% in the second quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock worth $10,537,000 after buying an additional 146,904 shares in the last quarter. Bleakley Financial Group LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock worth $261,000 after buying an additional 2,701 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its stake in shares of Mitsubishi UFJ Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company’s stock worth $23,960,000 after buying an additional 405,000 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 3.3 %

MUFG opened at $11.68 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. The firm has a 50 day moving average price of $10.56 and a 200-day moving average price of $10.49. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.19 and a twelve month high of $12.11. The stock has a market capitalization of $136.10 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 1.07 and a beta of 0.59.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded 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.