apricus wealth LLC Decreases Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

apricus wealth LLC trimmed its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 77.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,000 shares of the company's stock after selling 34,225 shares during the period. apricus wealth LLC's holdings in Mitsubishi UFJ Financial Group were worth $136,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth $29,000. Financial Management Professionals Inc. boosted its position in Mitsubishi UFJ Financial Group by 116.7% during the 1st quarter. Financial Management Professionals Inc. now owns 3,257 shares of the company's stock worth $44,000 after purchasing an additional 1,754 shares during the period. Steward Partners Investment Advisory LLC boosted its position 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 worth $59,000 after purchasing an additional 1,279 shares during the period. Sierra Ocean LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth $62,000. Finally, Addison Advisors LLC boosted its position in Mitsubishi UFJ Financial Group by 26.0% during the 4th quarter. Addison Advisors LLC now owns 6,129 shares of the company's stock worth $72,000 after purchasing an additional 1,263 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Down 0.9%

Mitsubishi UFJ Financial Group stock traded down $0.13 during trading on Friday, reaching $13.60. 3,460,208 shares of the company's stock were exchanged, compared to its average volume of 4,202,996. The company's 50-day moving average is $12.85 and its two-hundred day moving average is $12.62. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. 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 market cap of $164.17 billion, a price-to-earnings ratio of 12.48, a PEG ratio of 1.16 and a beta of 0.42.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.10. The firm had revenue of $22.91 billion during the quarter, compared to analysts' expectations of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. On average, analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Saturday.

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.