Greenleaf Trust Sells 38,865 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Greenleaf Trust lessened its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 25.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 114,605 shares of the company's stock after selling 38,865 shares during the period. Greenleaf Trust's holdings in Mitsubishi UFJ Financial Group were worth $1,562,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Financial Management Professionals Inc. boosted its position in shares of 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 acquiring an additional 1,754 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of 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 acquiring an additional 1,279 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth approximately $87,000. Cary Street Partners Financial LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $98,000. Finally, May Hill Capital LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $121,000. Institutional investors and hedge funds own 13.59% of the company's stock.

Mitsubishi UFJ Financial Group Stock Up 0.6%

Shares of NYSE:MUFG traded up $0.08 during trading on Friday, hitting $13.67. 2,322,574 shares of the company were exchanged, compared to its average volume of 4,357,689. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $15.03. The company has a market capitalization of $164.97 billion, a P/E ratio of 12.13, a price-to-earnings-growth ratio of 0.92 and a beta of 0.39. The business's 50 day moving average is $13.50 and its 200-day moving average is $12.86.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its 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. Mitsubishi UFJ Financial Group had a return on equity of 9.18% and a net margin of 13.70%. The business had revenue of $22.91 billion during the quarter, compared to analysts' expectations of $6.47 billion. As a group, sell-side analysts anticipate 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 upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th.

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.