Total Clarity Wealth Management Inc. Cuts Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Total Clarity Wealth Management Inc. cut its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 16.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 80,950 shares of the company’s stock after selling 15,730 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $874,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Norden Group LLC purchased a new position in Mitsubishi UFJ Financial Group in the 1st quarter worth approximately $2,219,000. Wells Fargo & Company MN lifted its holdings in shares of Mitsubishi UFJ Financial Group by 6.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,731,206 shares of the company’s stock valued at $14,906,000 after purchasing an additional 108,026 shares in the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the first quarter valued at $941,000. Capital Wealth Planning LLC increased its holdings in Mitsubishi UFJ Financial Group by 25.7% in the 1st quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock worth $4,648,000 after buying an additional 92,848 shares in the last quarter. Finally, Fisher Asset Management LLC purchased a new position in Mitsubishi UFJ Financial Group in the 4th quarter worth about $57,954,000. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE MUFG opened at $10.37 on Monday. The firm’s 50-day moving average price is $10.57 and its 200-day moving average price is $10.37. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $7.89 and a 52-week high of $11.72. The company has a market cap of $120.89 billion, a PE ratio of 11.92, a PEG ratio of 0.88 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $22.61 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. As a group, analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current year.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.