Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC lessened its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 9.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 138,957 shares of the company’s stock after selling 14,218 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,196,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of MUFG. Addison Advisors LLC raised its stake in Mitsubishi UFJ Financial Group by 254.7% during the third quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after acquiring an additional 2,583 shares during the period. Eagle Bay Advisors LLC acquired a new stake in Mitsubishi UFJ Financial Group during the second quarter worth about $36,000. Hexagon Capital Partners LLC raised its stake in Mitsubishi UFJ Financial Group by 114.6% during the third quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock worth $39,000 after acquiring an additional 2,437 shares during the period. Bessemer Group Inc. acquired a new stake in Mitsubishi UFJ Financial Group during the second quarter worth about $47,000. Finally, IHT Wealth Management LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter valued at approximately $49,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG opened at $10.31 on Thursday. The firm’s 50 day moving average is $9.84 and its two-hundred day moving average is $8.99. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $5.99 and a 52 week high of $11.22. The firm has a market capitalization of $127.14 billion, a P/E ratio of 8.31, a PEG ratio of 1.00 and a beta of 0.61. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 2.57.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a net margin of 19.14% and a return on equity of 7.78%. The company had revenue of $19.25 billion for the quarter. Analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current year.

Mitsubishi UFJ Financial Group Company 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.