Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Ritholtz Wealth Management

Ritholtz Wealth Management lowered its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 7.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 219,830 shares of the company’s stock after selling 16,638 shares during the quarter. Ritholtz Wealth Management’s holdings in Mitsubishi UFJ Financial Group were worth $2,576,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Fisher Asset Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock valued at $79,947,000 after purchasing an additional 1,067,409 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of Mitsubishi UFJ Financial Group by 140.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company’s stock worth $5,240,000 after buying an additional 301,065 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Mitsubishi UFJ Financial Group by 6.4% in the 2nd quarter. Sei Investments Co. now owns 3,250,210 shares of the company’s stock worth $35,102,000 after acquiring an additional 195,882 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of Mitsubishi UFJ Financial Group by 31.6% in the third quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock valued at $8,119,000 after acquiring an additional 191,368 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 30.2% during the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after acquiring an additional 189,887 shares during the period. Institutional investors own 13.59% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Price Performance

NYSE:MUFG opened at $12.06 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The business’s 50-day moving average price is $11.81 and its 200 day moving average price is $10.99. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.73 and a 52-week high of $12.31. The firm has a market cap of $145.48 billion, a P/E ratio of 11.82, a PEG ratio of 1.09 and a beta of 0.62.

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.