Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Position Trimmed by Laird Norton Wetherby Wealth Management LLC

Laird Norton Wetherby Wealth Management LLC reduced its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 11.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,152 shares of the company's stock after selling 19,280 shares during the quarter. Laird Norton Wetherby Wealth Management LLC's holdings in Mitsubishi UFJ Financial Group were worth $1,713,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MUFG. Eagle Bay Advisors LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 9.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company's stock valued at $118,000 after acquiring an additional 858 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 1.9% in the third 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. Alaethes Wealth LLC grew its stake in Mitsubishi UFJ Financial Group by 0.4% during the 4th quarter. Alaethes Wealth LLC now owns 214,817 shares of the company's stock valued at $2,518,000 after purchasing an additional 951 shares in the last quarter. OLD National Bancorp IN grew its stake in Mitsubishi UFJ Financial Group by 5.1% during the 4th quarter. OLD National Bancorp IN now owns 19,841 shares of the company's stock valued at $233,000 after purchasing an additional 955 shares in the last quarter. Finally, EntryPoint Capital LLC increased its holdings in Mitsubishi UFJ Financial Group by 6.9% during the 4th quarter. EntryPoint Capital LLC now owns 15,595 shares of the company's stock worth $183,000 after purchasing an additional 1,002 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research report on Friday.

Mitsubishi UFJ Financial Group Stock Up 1.8%

MUFG stock traded up $0.25 during mid-day trading on Monday, hitting $13.79. 1,940,196 shares of the company were exchanged, compared to its average volume of 3,908,576. The firm has a fifty day simple moving average of $12.71 and a 200 day simple moving average of $12.33. The company has a market capitalization of $166.35 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03. 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 (NYSE:MUFG - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.13 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 9.27% and a net margin of 14.19%. On average, research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal 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.