Cresset Asset Management LLC Sells 164,839 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cresset Asset Management LLC reduced its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 91.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 15,856 shares of the company's stock after selling 164,839 shares during the quarter. Cresset Asset Management LLC's holdings in Mitsubishi UFJ Financial Group were worth $186,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 1.9% during the 3rd quarter. Franklin Resources Inc. now owns 49,208 shares of the company's stock valued at $526,000 after purchasing an additional 938 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Mitsubishi UFJ Financial Group by 41.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company's stock valued at $2,629,000 after purchasing an additional 75,997 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 46.1% during the 4th quarter. Park Avenue Securities LLC now owns 120,661 shares of the company's stock valued at $1,414,000 after purchasing an additional 38,085 shares during the last quarter. Procyon Advisors LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 18.8% during the 4th quarter. Procyon Advisors LLC now owns 39,459 shares of the company's stock valued at $462,000 after purchasing an additional 6,244 shares during the last quarter. Finally, Premier Path Wealth Partners LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at approximately $137,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Trading Down 0.8%

NYSE:MUFG traded down $0.11 during mid-day trading on Friday, hitting $13.55. 9,060,002 shares of the company's stock were exchanged, compared to its average volume of 4,025,845. The company has a 50 day simple moving average of $12.72 and a 200-day simple moving average of $12.41. 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, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03. The firm has a market capitalization of $163.52 billion, a P/E ratio of 12.43, a PEG ratio of 1.16 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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, research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.