Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Raymond James & Associates

Raymond James & Associates trimmed its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 22.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,962,448 shares of the company’s stock after selling 563,373 shares during the period. Raymond James & Associates’ holdings in Mitsubishi UFJ Financial Group were worth $19,978,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. 180 Wealth Advisors LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 4.4% during the 1st quarter. 180 Wealth Advisors LLC now owns 27,381 shares of the company’s stock valued at $280,000 after acquiring an additional 1,144 shares during the last quarter. Claro Advisors LLC boosted its holdings in Mitsubishi UFJ Financial Group by 8.4% in the 1st quarter. Claro Advisors LLC now owns 30,033 shares of the company’s stock valued at $307,000 after purchasing an additional 2,331 shares during the last quarter. Hexagon Capital Partners LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 29.1% in the 1st quarter. Hexagon Capital Partners LLC now owns 6,570 shares of the company’s stock valued at $67,000 after buying an additional 1,481 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 156.5% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 38,724 shares of the company’s stock valued at $396,000 after buying an additional 23,629 shares during the period. Finally, Naviter Wealth LLC raised its position in shares of Mitsubishi UFJ Financial Group by 13.4% during the 1st quarter. Naviter Wealth LLC now owns 262,208 shares of the company’s stock valued at $2,682,000 after buying an additional 31,029 shares during the period. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Price Performance

MUFG stock opened at $10.22 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $7.89 and a 52-week high of $11.72. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. The stock has a market cap of $119.08 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 0.98 and a beta of 0.59. The business has a fifty day moving average of $10.40 and a two-hundred day moving average of $10.37.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.27 by $0.03. The firm had revenue of $22.61 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. As a group, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.95 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

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.