Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Schechter Investment Advisors LLC

Schechter Investment Advisors LLC lessened its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 138,957 shares of the company’s stock after selling 14,218 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,196,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Addison Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 254.7% in the third quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock worth $31,000 after acquiring an additional 2,583 shares during the period. Eagle Bay Advisors LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth $36,000. Hexagon Capital Partners LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 114.6% during the third quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock worth $39,000 after buying an additional 2,437 shares during the period. Bessemer Group Inc. purchased a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth $47,000. Finally, IHT Wealth Management LLC purchased a new position in shares of Mitsubishi UFJ Financial Group during the third quarter worth $49,000. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Down 1.1 %

MUFG opened at $10.31 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $5.99 and a 52 week high of $11.22. The business has a fifty day simple moving average of $9.84 and a 200-day simple moving average of $8.99. The firm has a market cap of $127.14 billion, a P/E ratio of 8.31, a P/E/G ratio of 1.00 and a beta of 0.61. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.57.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. The business had revenue of $19.25 billion during the quarter. On average, equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current year.

Mitsubishi UFJ Financial Group 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.