Transamerica Financial Advisors Inc. Sells 3,617 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Transamerica Financial Advisors Inc. decreased its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 13.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 23,082 shares of the company’s stock after selling 3,617 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the business. Intrust Bank NA grew its position in shares of Mitsubishi UFJ Financial Group by 5.4% during the 4th quarter. Intrust Bank NA now owns 96,124 shares of the company’s stock valued at $1,127,000 after acquiring an additional 4,922 shares during the period. Ramirez Asset Management Inc. lifted its position in Mitsubishi UFJ Financial Group by 3.1% during the fourth quarter. Ramirez Asset Management Inc. now owns 426,850 shares of the company’s stock valued at $5,003,000 after purchasing an additional 12,976 shares in the last quarter. Orion Portfolio Solutions LLC grew its holdings in Mitsubishi UFJ Financial Group by 54.4% during the fourth quarter. Orion Portfolio Solutions LLC now owns 389,690 shares of the company’s stock valued at $4,567,000 after purchasing an additional 137,224 shares during the period. JPMorgan Chase & Co. increased its position in Mitsubishi UFJ Financial Group by 50.8% in the fourth quarter. JPMorgan Chase & Co. now owns 389,603 shares of the company’s stock worth $4,566,000 after buying an additional 131,305 shares in the last quarter. Finally, EntryPoint Capital LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 6.9% in the fourth quarter. EntryPoint Capital LLC now owns 15,595 shares of the company’s stock worth $183,000 after buying an additional 1,002 shares during the period. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE MUFG opened at $14.00 on Friday. The stock has a market cap of $168.89 billion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03. The firm has a fifty day moving average price of $13.06 and a 200-day moving average price of $11.85. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Monday, March 24th.

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.