Stifel Financial Corp lowered its stake in shares of Mitsubishi UFJ Financial Group Inc (NYSE:MTU) by 32.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,300 shares of the bank’s stock after selling 67,021 shares during the quarter. Stifel Financial Corp’s holdings in Mitsubishi UFJ Financial Group were worth $900,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Russell Investments Group Ltd. bought a new stake in Mitsubishi UFJ Financial Group during the second quarter worth $277,000. Bank of New York Mellon Corp lifted its stake in Mitsubishi UFJ Financial Group by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 263,455 shares of the bank’s stock worth $1,779,000 after purchasing an additional 7,093 shares during the last quarter. Airain ltd lifted its stake in Mitsubishi UFJ Financial Group by 31.4% during the second quarter. Airain ltd now owns 34,765 shares of the bank’s stock worth $235,000 after purchasing an additional 8,303 shares during the last quarter. Eagle Asset Management Inc. lifted its stake in Mitsubishi UFJ Financial Group by 10.3% during the second quarter. Eagle Asset Management Inc. now owns 52,912 shares of the bank’s stock worth $357,000 after purchasing an additional 4,954 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its stake in Mitsubishi UFJ Financial Group by 7.9% during the second quarter. Oppenheimer Asset Management Inc. now owns 264,331 shares of the bank’s stock worth $1,784,000 after purchasing an additional 19,402 shares during the last quarter. 1.03% of the stock is currently owned by institutional investors and hedge funds.

Several research firms have weighed in on MTU. Zacks Investment Research cut Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. ValuEngine cut Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $7.00.

Mitsubishi UFJ Financial Group Inc (NYSE:MTU) opened at $7.35 on Thursday. Mitsubishi UFJ Financial Group Inc has a 12 month low of $5.94 and a 12 month high of $7.46. The company has a market capitalization of $102,760.00, a price-to-earnings ratio of 10.50 and a beta of 1.67. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.76.

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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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