Captrust Financial Advisors Sells 45,517 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Captrust Financial Advisors trimmed its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 52.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,039 shares of the company’s stock after selling 45,517 shares during the period. Captrust Financial Advisors’ holdings in Mitsubishi UFJ Financial Group were worth $493,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MUFG. Custom Index Systems LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at about $281,000. JPMorgan Chase & Co. grew its holdings in Mitsubishi UFJ Financial Group by 41.7% during the third quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company’s stock worth $2,629,000 after purchasing an additional 75,997 shares during the period. Franklin Resources Inc. increased its position in Mitsubishi UFJ Financial Group by 1.9% during the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock worth $526,000 after buying an additional 938 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Mitsubishi UFJ Financial Group by 17.7% in the fourth quarter. Bank of New York Mellon Corp now owns 1,090,733 shares of the company’s stock valued at $12,783,000 after buying an additional 164,011 shares during the period. Finally, Rockefeller Capital Management L.P. raised its stake in Mitsubishi UFJ Financial Group by 182.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 152,526 shares of the company’s stock valued at $1,787,000 after buying an additional 98,562 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 report on Friday.

Mitsubishi UFJ Financial Group Trading Up 0.6%

MUFG stock opened at $13.54 on Monday. Mitsubishi UFJ Financial Group, Inc. has a one year low of $8.75 and a one year high of $15.03. The stock has a market cap of $163.34 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. The company has a fifty day moving average price of $12.71 and a two-hundred day moving average price of $12.33. 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 earnings results on Thursday, May 15th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.03 by $0.10. The business had revenue of $22.91 billion during the quarter, compared to the consensus estimate of $6.47 billion. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Equities analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS 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.