Diversify Wealth Management LLC Raises Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Diversify Wealth Management LLC increased its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 25.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,485 shares of the company’s stock after buying an additional 22,524 shares during the period. Diversify Wealth Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,326,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Renaissance Technologies LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 38.0% during the 2nd quarter. Renaissance Technologies LLC now owns 231,900 shares of the company’s stock worth $2,505,000 after acquiring an additional 63,900 shares in the last quarter. Brighton Jones LLC bought a new stake in Mitsubishi UFJ Financial Group in the second quarter worth $121,000. Sei Investments Co. raised its stake in Mitsubishi UFJ Financial Group by 6.4% during the second quarter. Sei Investments Co. now owns 3,250,210 shares of the company’s stock valued at $35,102,000 after purchasing an additional 195,882 shares in the last quarter. Summit Trail Advisors LLC bought a new position in Mitsubishi UFJ Financial Group during the second quarter valued at $313,000. Finally, Hancock Whitney Corp grew its stake in shares of Mitsubishi UFJ Financial Group by 91.7% in the 2nd quarter. Hancock Whitney Corp now owns 76,539 shares of the company’s stock worth $827,000 after buying an additional 36,610 shares in the last quarter. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Price Performance

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Company 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.