Kathmere Capital Management LLC Acquires 2,316 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Kathmere Capital Management LLC lifted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 17.0% in the fourth quarter, Holdings Channel reports. The fund owned 15,923 shares of the company’s stock after purchasing an additional 2,316 shares during the quarter. Kathmere Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $187,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Venturi Wealth Management LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 72.8% in the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after purchasing an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Mitsubishi UFJ Financial Group in the third quarter worth $55,000. Versant Capital Management Inc purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth $71,000. Eagle Bay Advisors LLC increased its position in Mitsubishi UFJ Financial Group by 9.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after acquiring an additional 858 shares during the last quarter. Finally, Marcum Wealth LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at $119,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 1.3 %

Shares of NYSE:MUFG opened at $12.09 on Friday. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. The business has a 50 day simple moving average of $11.80 and a two-hundred day simple moving average of $10.99. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.68 and a 1 year high of $12.31. The firm has a market capitalization of $145.84 billion, a PE ratio of 11.85, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of 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.