Hilltop Holdings Inc. Takes $167,000 Position in Mitsubishi UFJ Financial Group Inc (MUFG)

Hilltop Holdings Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 26,980 shares of the company’s stock, valued at approximately $167,000.

Several other institutional investors have also recently modified their holdings of MUFG. Reliance Trust Co. of Delaware bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $103,000. Toronto Dominion Bank bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $104,000. Envestnet Asset Management Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $108,000. Bailard Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $118,000. Finally, SG Americas Securities LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $143,000. 1.07% of the stock is owned by institutional investors.

A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Wednesday. Citigroup assumed coverage on shares of Mitsubishi UFJ Financial Group in a report on Tuesday, November 13th. They set a “buy” rating for the company. Finally, Daiwa Capital Markets raised shares of Mitsubishi UFJ Financial Group from a “neutral” rating to an “outperform” rating in a report on Monday, September 3rd. Two research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $7.50.

MUFG stock opened at $5.05 on Friday. The company has a market cap of $66.25 billion, a P/E ratio of 6.73, a P/E/G ratio of 1.74 and a beta of 1.54. Mitsubishi UFJ Financial Group Inc has a 1 year low of $5.03 and a 1 year high of $8.11. The company has a quick ratio of 0.86, a current ratio of 0.85 and a debt-to-equity ratio of 0.82.

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Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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