Edge Capital Group LLC Sells 833 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Edge Capital Group LLC lowered its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 871,152 shares of the company’s stock after selling 833 shares during the period. Edge Capital Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $10,210,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Callan Capital LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 18.5% during the 4th quarter. Callan Capital LLC now owns 69,841 shares of the company’s stock worth $819,000 after acquiring an additional 10,907 shares during the period. Wealth Alliance increased its position in Mitsubishi UFJ Financial Group by 56.5% during the 4th quarter. Wealth Alliance now owns 46,896 shares of the company’s stock worth $550,000 after purchasing an additional 16,933 shares in the last quarter. Ieq Capital LLC increased its position in Mitsubishi UFJ Financial Group by 16.6% during the 4th quarter. Ieq Capital LLC now owns 22,735 shares of the company’s stock worth $266,000 after purchasing an additional 3,244 shares in the last quarter. Private Advisor Group LLC increased its position in Mitsubishi UFJ Financial Group by 1.6% during the 4th quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock worth $778,000 after purchasing an additional 1,040 shares in the last quarter. Finally, Atria Wealth Solutions Inc. increased its position in Mitsubishi UFJ Financial Group by 26.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 13,867 shares of the company’s stock worth $163,000 after purchasing an additional 2,915 shares in the last quarter. Institutional investors own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Trading Down 2.7 %

MUFG opened at $12.67 on Monday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $13.34. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The company has a fifty day moving average of $12.19 and a 200-day moving average of $11.29. The stock has a market cap of $152.84 billion, a PE ratio of 11.62, a price-to-earnings-growth ratio of 1.16 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. On average, sell-side analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Mitsubishi UFJ Financial Group Company 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.