Beacon Pointe Advisors LLC Acquires 3,276 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Beacon Pointe Advisors LLC lifted its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 28.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 14,926 shares of the company’s stock after buying an additional 3,276 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $129,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Addison Advisors LLC lifted its holdings in Mitsubishi UFJ Financial Group by 254.7% in the 3rd quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after purchasing an additional 2,583 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $32,000. National Bank of Canada FI purchased a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth $61,000. Barclays PLC boosted its position in shares of Mitsubishi UFJ Financial Group by 999,900.0% during the third quarter. Barclays PLC now owns 10,000 shares of the company’s stock worth $85,000 after acquiring an additional 9,999 shares during the last quarter. Finally, Certuity LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter valued at $86,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 1.0 %

Shares of MUFG stock opened at $10.06 on Monday. The company’s fifty day simple moving average is $10.10 and its two-hundred day simple moving average is $9.47. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $6.48 and a 52 week high of $11.22. The stock has a market cap of $124.12 billion, a P/E ratio of 11.56, a PEG ratio of 0.96 and a beta of 0.62.

Mitsubishi UFJ Financial Group Profile

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.