Captrust Financial Advisors Sells 45,517 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Captrust Financial Advisors reduced its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 52.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,039 shares of the company's stock after selling 45,517 shares during the period. Captrust Financial Advisors' holdings in Mitsubishi UFJ Financial Group were worth $493,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MUFG. Whipplewood Advisors LLC purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth $29,000. Steward Partners Investment Advisory LLC grew 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 in the last quarter. Sierra Ocean LLC purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth $62,000. Addison Advisors LLC grew 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 in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth $98,000. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Friday, May 16th.

Mitsubishi UFJ Financial Group Trading Down 0.8%

Mitsubishi UFJ Financial Group stock traded down $0.11 during mid-day trading on Friday, hitting $13.55. The company's stock had a trading volume of 9,060,002 shares, compared to its average volume of 4,025,845. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The stock has a market cap of $163.52 billion, a price-to-earnings ratio of 12.43, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. The business has a 50 day moving average price of $12.72 and a 200-day moving average price of $12.41. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $15.03.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.10. The business had revenue of $22.91 billion during 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, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 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.