Dimensional Fund Advisors LP Trims Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Dimensional Fund Advisors LP trimmed its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,345,025 shares of the company's stock after selling 230,158 shares during the quarter. Dimensional Fund Advisors LP's holdings in Mitsubishi UFJ Financial Group were worth $62,644,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Trust Advisors LP increased its stake in shares of Mitsubishi UFJ Financial Group by 1,134.3% in the 4th quarter. First Trust Advisors LP now owns 410,504 shares of the company's stock valued at $4,811,000 after acquiring an additional 377,245 shares in the last quarter. Forum Financial Management LP increased its position in shares of Mitsubishi UFJ Financial Group by 5.7% during the 4th quarter. Forum Financial Management LP now owns 357,561 shares of the company's stock valued at $4,191,000 after purchasing an additional 19,122 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 8.3% in the fourth quarter. NewEdge Advisors LLC now owns 72,872 shares of the company's stock valued at $854,000 after acquiring an additional 5,615 shares during the last quarter. Evergreen Capital Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 27.8% in the fourth quarter. Evergreen Capital Management LLC now owns 86,215 shares of the company's stock valued at $1,010,000 after buying an additional 18,764 shares during the period. Finally, United Capital Financial Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group by 1.5% in the fourth quarter. United Capital Financial Advisors LLC now owns 106,305 shares of the company's stock valued at $1,246,000 after purchasing an additional 1,520 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research report on Thursday, May 1st.

Mitsubishi UFJ Financial Group Trading Down 0.7 %

Shares of MUFG stock traded down $0.09 during trading hours on Wednesday, reaching $12.27. The company's stock had a trading volume of 3,338,508 shares, compared to its average volume of 3,799,572. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.75 and a one year high of $15.03. The stock has a market capitalization of $148.07 billion, a P/E ratio of 11.26, a P/E/G ratio of 1.16 and a beta of 0.39. The firm's fifty day simple moving average is $12.69 and its 200 day simple moving average is $12.18. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group 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.