BTC Capital Management Inc. Acquires 4,244 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

BTC Capital Management Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 109,221 shares of the company’s stock after purchasing an additional 4,244 shares during the quarter. BTC Capital Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,278,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MUFG. Venturi Wealth Management LLC raised its holdings 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Mitsubishi UFJ Financial Group in the third quarter worth approximately $55,000. Versant Capital Management Inc purchased a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth $71,000. Eagle Bay Advisors LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 9.3% in the 4th 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 in the last quarter. Finally, Veracity Capital LLC acquired a new stake in Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $118,000. 13.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG opened at $12.75 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 company has a 50 day moving average price of $11.96 and a 200-day moving average price of $11.08. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $12.96. The firm has a market cap of $153.80 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 1.13 and a beta of 0.62.

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.