Verus Capital Partners LLC decreased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 17.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 17,500 shares of the company’s stock after selling 3,700 shares during the period. Verus Capital Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $178,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. Venturi Wealth Management LLC grew its holdings in Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock worth $54,000 after purchasing an additional 2,229 shares during the period. Crossmark Global Holdings Inc. boosted its position in shares of Mitsubishi UFJ Financial Group by 23.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock worth $8,816,000 after purchasing an additional 164,206 shares in the last quarter. Atria Investments Inc grew its stake in shares of Mitsubishi UFJ Financial Group by 17.1% in the 3rd quarter. Atria Investments Inc now owns 306,507 shares of the company’s stock valued at $3,120,000 after buying an additional 44,800 shares during the period. Assetmark Inc. increased its position in Mitsubishi UFJ Financial Group by 9.5% in the 3rd quarter. Assetmark Inc. now owns 46,058 shares of the company’s stock valued at $469,000 after buying an additional 3,997 shares in the last quarter. Finally, QRG Capital Management Inc. raised its stake in Mitsubishi UFJ Financial Group by 1.5% during the 3rd quarter. QRG Capital Management Inc. now owns 687,065 shares of the company’s stock worth $6,994,000 after buying an additional 10,315 shares during the period. Institutional investors own 13.59% of the company’s stock.
Mitsubishi UFJ Financial Group Stock Down 0.6 %
Shares of NYSE:MUFG opened at $11.50 on Thursday. The firm has a market cap of $134.06 billion, a P/E ratio of 13.86, a PEG ratio of 1.07 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.19 and a 52-week high of $11.72. The business’s 50 day simple moving average is $10.51 and its two-hundred day simple moving average is $10.47. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.92 and a current ratio of 0.92.
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.
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