Raymond James Trust N.A. Lowers Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Raymond James Trust N.A. decreased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 30.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 30,896 shares of the company’s stock after selling 13,613 shares during the period. Raymond James Trust N.A.’s holdings in Mitsubishi UFJ Financial Group were worth $315,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MUFG. Blue Trust Inc. raised its position in shares of Mitsubishi UFJ Financial Group by 98.7% in the 3rd quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock worth $1,358,000 after acquiring an additional 62,449 shares in the last quarter. Federated Hermes Inc. raised its holdings in Mitsubishi UFJ Financial Group by 17.7% in the second quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock worth $10,537,000 after purchasing an additional 146,904 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in Mitsubishi UFJ Financial Group by 11.8% in the third quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock worth $261,000 after purchasing an additional 2,701 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its position in shares of Mitsubishi UFJ Financial Group by 20.9% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company’s stock valued at $23,960,000 after buying an additional 405,000 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 23.4% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock valued at $8,816,000 after buying an additional 164,206 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of MUFG opened at $11.59 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.11. The stock has a fifty day moving average price of $10.83 and a 200-day moving average price of $10.59. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. The firm has a market cap of $135.05 billion, a PE ratio of 11.36, a P/E/G ratio of 1.10 and a beta of 0.59.

Analysts Set New Price Targets

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

Mitsubishi UFJ Financial Group Company 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.