Cottonwood Capital Advisors LLC Increases Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cottonwood Capital Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 16.1% during the fourth quarter, HoldingsChannel reports. The firm owned 16,127 shares of the company’s stock after buying an additional 2,233 shares during the period. Cottonwood Capital Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $189,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of MUFG. Fisher Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after acquiring an additional 1,067,409 shares during the last quarter. Artemis Investment Management LLP bought a new position in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $10,880,000. BNP Paribas Financial Markets grew its position in Mitsubishi UFJ Financial Group by 140.9% during the third quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company’s stock valued at $5,240,000 after acquiring an additional 301,065 shares during the last quarter. Quantinno Capital Management LP grew its position in Mitsubishi UFJ Financial Group by 31.6% during the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock valued at $8,119,000 after acquiring an additional 191,368 shares during the last quarter. Finally, Cerity Partners LLC grew its position in Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after acquiring an additional 189,887 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Up 0.5 %

Shares of Mitsubishi UFJ Financial Group stock opened at $12.31 on Friday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $12.56. The stock has a market capitalization of $148.49 billion, a price-to-earnings ratio of 12.06, a P/E/G ratio of 1.12 and a beta of 0.62. The company’s 50 day moving average price is $11.87 and its 200-day moving average price is $11.03.

Wall Street Analysts Forecast Growth

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

Mitsubishi UFJ Financial Group 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.