Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC decreased its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,900 shares of the company’s stock after selling 2,750 shares during the period. Highland Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,124,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC grew its position in Mitsubishi UFJ Financial Group by 15.7% in the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after acquiring an additional 1,067,409 shares during the period. Artemis Investment Management LLP acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at $10,880,000. Clearbridge Investments LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 0.3% during the 2nd quarter. Clearbridge Investments LLC now owns 894,456 shares of the company’s stock worth $9,660,000 after purchasing an additional 2,629 shares during the period. Crossmark Global Holdings Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 0.9% during the 4th quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock worth $10,245,000 after purchasing an additional 8,155 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in Mitsubishi UFJ Financial Group by 30.2% in the 3rd quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after buying an additional 189,887 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 0.0 %

Mitsubishi UFJ Financial Group stock opened at $12.75 on Friday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 0.92 and a current ratio of 0.91. The firm has a 50 day moving average price of $11.93 and a 200 day moving average price of $11.07. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $12.96. The company has a market capitalization of $153.80 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 1.12 and a beta of 0.62.

Wall Street Analyst Weigh In

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

About Mitsubishi UFJ Financial Group

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.