XY Capital Ltd Sells 59,109 Shares of Mitsubishi UFJ Financial Group, Inc. $MUFG

XY Capital Ltd cut its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFGFree Report) by 53.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,755 shares of the company’s stock after selling 59,109 shares during the quarter. Mitsubishi UFJ Financial Group makes up 0.5% of XY Capital Ltd’s portfolio, making the stock its 29th largest position. XY Capital Ltd’s holdings in Mitsubishi UFJ Financial Group were worth $805,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Xponance LLC grew its stake in Mitsubishi UFJ Financial Group by 6.0% in the 4th quarter. Xponance LLC now owns 14,837 shares of the company’s stock valued at $235,000 after buying an additional 846 shares during the last quarter. Canopy Partners LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 4.0% during the 4th quarter. Canopy Partners LLC now owns 15,158 shares of the company’s stock worth $240,000 after acquiring an additional 582 shares during the period. SmartHarvest Portfolios LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $220,000. Capital Wealth Planning LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 3.0% during the 4th quarter. Capital Wealth Planning LLC now owns 1,098,901 shares of the company’s stock worth $17,549,000 after acquiring an additional 32,310 shares during the period. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 1.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 106,900 shares of the company’s stock worth $1,695,000 after acquiring an additional 1,060 shares during the period. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Up 2.3%

MUFG opened at $20.12 on Friday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $13.19 and a twelve month high of $20.23. The company has a fifty day moving average of $18.53 and a 200-day moving average of $17.68. The stock has a market cap of $238.72 billion, a PE ratio of 14.27, a price-to-earnings-growth ratio of 0.80 and a beta of 0.40.

Mitsubishi UFJ Financial Group (NYSE:MUFGGet Free Report) last posted its quarterly earnings data on Saturday, May 16th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.13. Mitsubishi UFJ Financial Group had a net margin of 16.65% and a return on equity of 11.07%. The company had revenue of $15.36 billion during the quarter, compared to analysts’ expectations of $9.34 billion. Sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Mitsubishi UFJ Financial Group presently has an average rating of “Buy”.

View Our Latest Analysis on MUFG

Mitsubishi UFJ Financial Group Profile

(Free Report)

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.

Further Reading

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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