Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Position Lessened by Laird Norton Wetherby Wealth Management LLC

Laird Norton Wetherby Wealth Management LLC trimmed its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 11.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 146,152 shares of the company’s stock after selling 19,280 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,713,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of MUFG. Eagle Bay Advisors LLC raised its holdings in Mitsubishi UFJ Financial Group by 9.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after buying an additional 858 shares in the last quarter. Franklin Resources Inc. raised its holdings 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 valued at $526,000 after buying an additional 938 shares in the last quarter. Alaethes Wealth LLC raised its holdings in Mitsubishi UFJ Financial Group by 0.4% during the fourth quarter. Alaethes Wealth LLC now owns 214,817 shares of the company’s stock valued at $2,518,000 after buying an additional 951 shares in the last quarter. OLD National Bancorp IN raised its holdings in Mitsubishi UFJ Financial Group by 5.1% during the fourth quarter. OLD National Bancorp IN now owns 19,841 shares of the company’s stock valued at $233,000 after buying an additional 955 shares in the last quarter. Finally, EntryPoint Capital LLC raised its holdings in Mitsubishi UFJ Financial Group by 6.9% during the fourth quarter. EntryPoint Capital LLC now owns 15,595 shares of the company’s stock valued at $183,000 after buying an additional 1,002 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Price Performance

NYSE MUFG opened at $13.01 on Wednesday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The stock’s 50-day moving average is $12.68 and its two-hundred day moving average is $12.25. The firm has a market cap of $157.00 billion, a P/E ratio of 11.94, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Thursday, May 1st.

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.