Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Stock Position Lowered by Raymond James Trust N.A.

Raymond James Trust N.A. lessened its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,509 shares of the company’s stock after selling 2,362 shares during the period. Raymond James Trust N.A.’s holdings in Mitsubishi UFJ Financial Group were worth $481,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rise Advisors LLC bought a new stake in shares of Mitsubishi UFJ Financial Group in the 1st quarter worth $27,000. EverSource Wealth Advisors LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 133.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company’s stock worth $31,000 after buying an additional 2,082 shares in the last quarter. Principal Securities Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth $32,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the first quarter worth $39,000. Finally, Family Firm Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth $53,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 1.7 %

Shares of Mitsubishi UFJ Financial Group stock opened at $10.45 on Tuesday. The stock’s fifty day moving average is $10.60 and its 200-day moving average is $10.31. The firm has a market capitalization of $122.54 billion, a PE ratio of 12.01, a price-to-earnings-growth ratio of 0.95 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $7.82 and a 12-month high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its earnings results on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The company had revenue of $22.61 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.45% and a net margin of 11.73%. Analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS 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.