Aquatic Capital Management LLC Reduces Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Aquatic Capital Management LLC lessened its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 19.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,933 shares of the company's stock after selling 22,367 shares during the period. Aquatic Capital Management LLC's holdings in Mitsubishi UFJ Financial Group were worth $1,077,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Clearbridge Investments LLC increased its stake in Mitsubishi UFJ Financial Group by 325.9% during the 4th quarter. Clearbridge Investments LLC now owns 3,822,530 shares of the company's stock valued at $44,800,000 after purchasing an additional 2,924,979 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $29,252,000. Artemis Investment Management LLP purchased a new position in Mitsubishi UFJ Financial Group in the 4th quarter worth approximately $10,880,000. Guardian Partners Inc. bought a new position in Mitsubishi UFJ Financial Group in the 4th quarter valued at approximately $7,069,000. Finally, Natixis Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company's stock valued at $115,452,000 after purchasing an additional 507,578 shares during the last quarter. Institutional investors own 13.59% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research note on Thursday, May 1st.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE MUFG traded up $0.02 during trading on Tuesday, reaching $12.38. 642,308 shares of the company traded hands, compared to its average volume of 3,780,095. The firm has a 50 day simple moving average of $12.72 and a 200-day simple moving average of $12.17. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03. The stock has a market capitalization of $149.34 billion, a PE ratio of 11.35, a P/E/G ratio of 1.16 and a beta of 0.39. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share 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.