Veracity Capital LLC Purchases New Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Veracity Capital LLC bought a new stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,070 shares of the company’s stock, valued at approximately $118,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of MUFG. SG Americas Securities LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $194,000. Simon Quick Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 15.3% in the fourth quarter. Simon Quick Advisors LLC now owns 15,205 shares of the company’s stock worth $178,000 after purchasing an additional 2,016 shares during the last quarter. Atomi Financial Group Inc. raised its stake in Mitsubishi UFJ Financial Group by 9.5% in the fourth quarter. Atomi Financial Group Inc. now owns 102,012 shares of the company’s stock valued at $1,196,000 after purchasing an additional 8,853 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in Mitsubishi UFJ Financial Group by 0.9% during the fourth quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock valued at $10,245,000 after purchasing an additional 8,155 shares during the last quarter. Finally, Ballentine Partners LLC grew its stake in Mitsubishi UFJ Financial Group by 15.2% in the 4th quarter. Ballentine Partners LLC now owns 68,755 shares of the company’s stock worth $806,000 after buying an additional 9,055 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.

Analyst Upgrades and Downgrades

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

Mitsubishi UFJ Financial Group Trading Up 0.5 %

NYSE MUFG opened at $12.31 on Friday. The stock’s 50-day simple moving average is $11.87 and its two-hundred day simple moving average is $11.03. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $12.56. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The company has a market capitalization of $148.49 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 1.12 and a beta of 0.62.

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.