Capital Fund Management S.A. Cuts Stake in Mitsubishi UFJ Financial Group, Inc. $MUFG

Capital Fund Management S.A. trimmed its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 61.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,640 shares of the company’s stock after selling 64,376 shares during the quarter. Capital Fund Management S.A.’s holdings in Mitsubishi UFJ Financial Group were worth $558,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Opal Wealth Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at $31,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth $32,000. Ameritas Advisory Services LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth $36,000. NewSquare Capital LLC increased its position in shares of Mitsubishi UFJ Financial Group by 162.6% during the second quarter. NewSquare Capital LLC now owns 3,723 shares of the company’s stock worth $51,000 after acquiring an additional 2,305 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its holdings in Mitsubishi UFJ Financial Group by 2,464.2% in the second quarter. First Horizon Advisors Inc. now owns 4,590 shares of the company’s stock valued at $63,000 after acquiring an additional 4,411 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Up 1.5%

MUFG stock opened at $16.27 on Friday. The stock has a market cap of $196.28 billion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 1.17 and a beta of 0.34. The firm’s 50-day simple moving average is $15.35 and its 200 day simple moving average is $14.75. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $10.46 and a fifty-two week high of $16.39. The company has a quick ratio of 0.89, a current ratio of 0.85 and a debt-to-equity ratio of 1.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Friday, November 14th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.34 by $0.10. The firm had revenue of $23.61 billion during the quarter, compared to analysts’ expectations of $9.19 billion. Mitsubishi UFJ Financial Group had a net margin of 13.98% and a return on equity of 9.39%. As a group, sell-side analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on MUFG shares. Zacks Research cut shares of Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 1st. Weiss Ratings reiterated a “hold (c)” rating on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.