Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lessened its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 8.5% during the third quarter, HoldingsChannel reports. The firm owned 65,309 shares of the company’s stock after selling 6,071 shares during the quarter. Private Advisor Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $665,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in MUFG. Whittier Trust Co. of Nevada Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the 1st quarter worth about $39,000. Addison Advisors LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 123.4% in the second quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock worth $50,000 after acquiring an additional 2,546 shares during the last quarter. Family Firm Inc. purchased a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at approximately $53,000. EverSource Wealth Advisors LLC increased its position in Mitsubishi UFJ Financial Group by 60.9% during the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock worth $58,000 after purchasing an additional 2,222 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new position in Mitsubishi UFJ Financial Group during the second quarter worth approximately $68,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 0.8 %

Shares of NYSE MUFG opened at $10.66 on Monday. The stock has a market capitalization of $124.27 billion, a PE ratio of 12.84, a P/E/G ratio of 0.98 and a beta of 0.59. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. The firm has a fifty day moving average of $10.39 and a 200-day moving average of $10.40. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $7.89 and a 52-week high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. The firm had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. On average, analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.95 EPS for the current 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.