Moors & Cabot Inc. Has $663,000 Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Moors & Cabot Inc. lessened its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 5.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,600 shares of the company’s stock after selling 3,150 shares during the quarter. Moors & Cabot Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $663,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Personal CFO Solutions LLC boosted its holdings in Mitsubishi UFJ Financial Group by 2.7% in the 4th quarter. Personal CFO Solutions LLC now owns 48,670 shares of the company’s stock valued at $570,000 after purchasing an additional 1,288 shares during the period. Dorsey & Whitney Trust CO LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 5.0% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 64,457 shares of the company’s stock valued at $755,000 after buying an additional 3,052 shares during the period. PNC Financial Services Group Inc. grew its position in Mitsubishi UFJ Financial Group by 1.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 305,406 shares of the company’s stock worth $3,579,000 after buying an additional 3,918 shares in the last quarter. Callan Family Office LLC bought a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth $1,431,000. Finally, Blue Barn Wealth LLC raised its holdings in Mitsubishi UFJ Financial Group by 59.2% in the 4th quarter. Blue Barn Wealth LLC now owns 16,628 shares of the company’s stock valued at $195,000 after acquiring an additional 6,184 shares in the last quarter. 13.59% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Trading Up 3.8 %

Shares of Mitsubishi UFJ Financial Group stock opened at $13.68 on Friday. The firm’s 50-day moving average price is $12.58 and its two-hundred day moving average price is $11.56. The company has a market capitalization of $165.03 billion, a price-to-earnings ratio of 12.55, a PEG ratio of 1.16 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $8.75 and a 12-month high of $13.71.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly 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, analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, March 5th.

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.