Edge Capital Group LLC Cuts Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Edge Capital Group LLC lowered its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 0.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 871,152 shares of the company’s stock after selling 833 shares during the period. Edge Capital Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $10,210,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 9.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock worth $118,000 after purchasing an additional 858 shares in the last quarter. Franklin Resources Inc. raised its holdings in Mitsubishi UFJ Financial Group by 1.9% in the 3rd quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock worth $526,000 after purchasing an additional 938 shares in the last quarter. Abel Hall LLC raised its holdings in Mitsubishi UFJ Financial Group by 4.9% in the 3rd quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock worth $208,000 after purchasing an additional 949 shares in the last quarter. OLD National Bancorp IN raised its holdings in Mitsubishi UFJ Financial Group by 5.1% in the 4th quarter. OLD National Bancorp IN now owns 19,841 shares of the company’s stock worth $233,000 after purchasing an additional 955 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in Mitsubishi UFJ Financial Group by 1.6% in the 4th quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock worth $778,000 after purchasing an additional 1,040 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 2.7 %

Shares of Mitsubishi UFJ Financial Group stock opened at $12.67 on Monday. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $13.34. The company has a 50-day moving average of $12.19 and a 200 day moving average of $11.29. The firm has a market cap of $152.84 billion, a price-to-earnings ratio of 11.62, a PEG ratio of 1.16 and a beta of 0.61. 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 announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating the consensus estimate 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%. As a group, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, November 23rd.

About Mitsubishi UFJ Financial Group

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.