Artemis Investment Management LLP Invests $10.88 Million in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Artemis Investment Management LLP bought a new stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 928,337 shares of the company’s stock, valued at approximately $10,880,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Eagle Bay Advisors LLC lifted its stake in Mitsubishi UFJ Financial Group by 9.3% in the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after buying an additional 858 shares during the last quarter. Franklin Resources Inc. raised its position in Mitsubishi UFJ Financial Group by 1.9% in the 3rd quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock valued at $526,000 after purchasing an additional 938 shares during the last quarter. Abel Hall LLC boosted its stake in Mitsubishi UFJ Financial Group by 4.9% during the 3rd quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock worth $208,000 after purchasing an additional 949 shares during the period. Waldron Private Wealth LLC grew its position in Mitsubishi UFJ Financial Group by 9.0% during the 3rd quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company’s stock worth $120,000 after purchasing an additional 968 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its stake in Mitsubishi UFJ Financial Group by 2.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 68,398 shares of the company’s stock valued at $696,000 after purchasing an additional 1,336 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Down 0.2 %

Shares of MUFG stock opened at $12.06 on Monday. The company has a market capitalization of $145.48 billion, a P/E ratio of 11.82, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. The business’s 50 day moving average is $11.82 and its two-hundred day moving average is $11.00. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.73 and a twelve month high of $12.31.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report 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.