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

Captrust Financial Advisors decreased its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 52.0% during the 4th quarter, according to the company in its most recent 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 reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MUFG. Northern Trust Corp boosted its holdings in Mitsubishi UFJ Financial Group by 46.6% in the fourth quarter. Northern Trust Corp now owns 10,522,079 shares of the company's stock worth $123,319,000 after acquiring an additional 3,342,330 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in Mitsubishi UFJ Financial Group by 325.9% in the fourth quarter. Clearbridge Investments LLC now owns 3,822,530 shares of the company's stock worth $44,800,000 after acquiring an additional 2,924,979 shares in the last quarter. Raymond James Financial Inc. bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $29,252,000. Artemis Investment Management LLP bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $10,880,000. Finally, Guardian Partners Inc. bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $7,069,000. Institutional investors own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Stock Down 0.8%

Shares of MUFG stock traded down $0.11 during trading hours on Friday, reaching $13.55. The company had a trading volume of 9,060,002 shares, compared to its average volume of 4,015,885. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $15.03. 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 business has a fifty day simple moving average of $12.72 and a 200-day simple moving average of $12.41. The company 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.

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

Analyst Upgrades and Downgrades

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

About Mitsubishi UFJ Financial Group

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.