JPMorgan Chase & Co. Buys 75,997 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

JPMorgan Chase & Co. boosted its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 41.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 258,298 shares of the company’s stock after purchasing an additional 75,997 shares during the period. JPMorgan Chase & Co.’s holdings in Mitsubishi UFJ Financial Group were worth $2,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Franklin Resources Inc. raised its position in shares of Mitsubishi UFJ Financial Group by 1.9% in the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock valued at $526,000 after purchasing an additional 938 shares during the period. Abel Hall LLC grew its stake in Mitsubishi UFJ Financial Group by 4.9% in the 3rd quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock valued at $208,000 after buying an additional 949 shares in the last quarter. Waldron Private Wealth LLC raised its holdings in Mitsubishi UFJ Financial Group by 9.0% during the 3rd quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company’s stock valued at $120,000 after acquiring an additional 968 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of Mitsubishi UFJ Financial Group by 2.0% during the third quarter. Oppenheimer Asset Management Inc. now owns 68,398 shares of the company’s stock worth $696,000 after acquiring an additional 1,336 shares in the last quarter. Finally, Adero Partners LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 13.5% in the third quarter. Adero Partners LLC now owns 12,172 shares of the company’s stock worth $124,000 after acquiring an additional 1,448 shares during the period. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Trading Down 0.2 %

Shares of Mitsubishi UFJ Financial Group stock opened at $12.06 on Tuesday. The company’s 50-day moving average price is $11.82 and its 200-day moving average price is $11.00. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.73 and a 12-month high of $12.31. The company has a market cap of $145.48 billion, a price-to-earnings ratio of 11.82, a PEG ratio of 1.09 and a beta of 0.62.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

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.