KCS Wealth Advisory Acquires New Position in Mitsubishi UFJ Financial Group Inc (MTU)

KCS Wealth Advisory acquired a new stake in shares of Mitsubishi UFJ Financial Group Inc (NYSE:MTU) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,550 shares of the bank’s stock, valued at approximately $186,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Northern Trust Corp lifted its stake in shares of Mitsubishi UFJ Financial Group by 0.5% during the second quarter. Northern Trust Corp now owns 12,452,571 shares of the bank’s stock valued at $84,054,000 after buying an additional 62,388 shares during the period. Parametric Portfolio Associates LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 9.3% during the third quarter. Parametric Portfolio Associates LLC now owns 8,022,112 shares of the bank’s stock valued at $51,662,000 after buying an additional 681,821 shares during the period. Fisher Asset Management LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 0.3% during the third quarter. Fisher Asset Management LLC now owns 7,547,634 shares of the bank’s stock valued at $48,607,000 after buying an additional 25,529 shares during the period. Goldman Sachs Group Inc. raised its stake in Mitsubishi UFJ Financial Group by 9.0% during the second quarter. Goldman Sachs Group Inc. now owns 4,728,680 shares of the bank’s stock worth $31,919,000 after purchasing an additional 389,983 shares during the period. Finally, Heathbridge Capital Management Ltd. raised its stake in Mitsubishi UFJ Financial Group by 0.3% during the third quarter. Heathbridge Capital Management Ltd. now owns 4,453,250 shares of the bank’s stock worth $28,679,000 after purchasing an additional 11,900 shares during the period. 1.03% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Inc (NYSE:MTU) opened at $7.96 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $111,490.00, a P/E ratio of 11.21, a price-to-earnings-growth ratio of 1.75 and a beta of 1.68. Mitsubishi UFJ Financial Group Inc has a one year low of $5.94 and a one year high of $7.98.

MTU has been the topic of a number of recent analyst reports. Daiwa Capital Markets downgraded shares of Mitsubishi UFJ Financial Group from an “outperform” rating to a “neutral” rating in a research note on Wednesday. ValuEngine raised shares of Mitsubishi UFJ Financial Group from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 16th. Finally, Zacks Investment Research downgraded shares of Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $7.00.

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About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.

Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MTU)

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