Atlas Capital Advisors Inc. lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 21.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,220 shares of the company’s stock after selling 13,112 shares during the period. Atlas Capital Advisors Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $577,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently modified their holdings of MUFG. Whipplewood Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB acquired a new position in Mitsubishi UFJ Financial Group in the 3rd quarter worth approximately $55,000. Steward Partners Investment Advisory LLC raised its stake in Mitsubishi UFJ Financial Group by 33.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock valued at $59,000 after purchasing an additional 1,279 shares during the period. Sierra Ocean LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth $62,000. Finally, Versant Capital Management Inc purchased a new position in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at $71,000. Institutional investors and hedge funds own 13.59% of the company’s stock.
Analyst Ratings Changes
Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Tuesday.
Mitsubishi UFJ Financial Group Stock Down 8.7 %
MUFG stock opened at $11.05 on Friday. The company has a 50 day moving average of $13.10 and a two-hundred day moving average of $11.92. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $15.03. The company has a market cap of $133.29 billion, a price-to-earnings ratio of 10.13, a PEG ratio of 1.16 and a beta of 0.39.
Mitsubishi UFJ Financial Group (NYSE:MUFG – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. On average, equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.
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.
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