Schechter Investment Advisors LLC reduced its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) by 9.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of MUFG. Addison Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 254.7% in the 3rd quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock valued at $31,000 after acquiring an additional 2,583 shares during the period. Hexagon Capital Partners LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 114.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock worth $39,000 after purchasing an additional 2,437 shares in the last quarter. Bessemer Group Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth $47,000. Eagle Bay Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth $36,000. Finally, Allworth Financial LP boosted its position in shares of Mitsubishi UFJ Financial Group by 51.6% in the 3rd quarter. Allworth Financial LP now owns 7,793 shares of the company’s stock worth $66,000 after purchasing an additional 2,654 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.
Mitsubishi UFJ Financial Group Stock Down 1.1 %
Mitsubishi UFJ Financial Group stock opened at $10.31 on Thursday. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $127.14 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.00 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $5.99 and a 1-year high of $11.22. The business has a fifty day moving average price of $9.84 and a 200-day moving average price of $8.99.
About Mitsubishi UFJ Financial Group
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.
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