Barclays PLC Sells 53,710 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Barclays PLC lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 72.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,187 shares of the company's stock after selling 53,710 shares during the quarter. Barclays PLC's holdings in Mitsubishi UFJ Financial Group were worth $237,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MUFG. Whipplewood Advisors LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $29,000. Steward Partners Investment Advisory LLC raised its position in Mitsubishi UFJ Financial Group by 33.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock worth $59,000 after acquiring an additional 1,279 shares during the period. Sierra Ocean LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $62,000. Addison Advisors LLC raised its position in Mitsubishi UFJ Financial Group by 26.0% in the fourth quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock worth $72,000 after acquiring an additional 1,263 shares during the period. Finally, Golden State Wealth Management LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $111,000. Hedge funds and other institutional investors own 13.59% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Friday.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG stock traded up $0.08 on Friday, hitting $13.54. 6,937,811 shares of the stock traded hands, compared to its average volume of 3,914,530. The firm has a market cap of $163.34 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $15.03. The firm has a 50 day simple moving average of $12.71 and a two-hundred day simple moving average of $12.33. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.03 by $0.10. The firm had revenue of $22.91 billion for the quarter, compared to the consensus estimate of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. As a group, equities research analysts predict 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.