LRI Investments LLC Grows Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

LRI Investments LLC grew its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 6.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 15,156 shares of the company’s stock after purchasing an additional 981 shares during the period. LRI Investments LLC’s holdings in Mitsubishi UFJ Financial Group were worth $164,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of MUFG. Rise Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth about $27,000. EverSource Wealth Advisors LLC raised its holdings in shares of Mitsubishi UFJ Financial Group by 133.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company’s stock valued at $31,000 after acquiring an additional 2,082 shares during the last quarter. Principal Securities Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group in the first quarter worth approximately $39,000. Finally, Family Firm Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth approximately $53,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG stock opened at $10.63 on Friday. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.70 and a fifty-two week high of $11.72. The stock’s fifty day moving average is $10.59 and its two-hundred day moving average is $10.30. The firm has a market capitalization of $124.65 billion, a P/E ratio of 12.22, a PEG ratio of 0.95 and a beta of 0.61.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.