Transamerica Financial Advisors Inc. Trims Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Transamerica Financial Advisors Inc. lessened its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 13.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,082 shares of the company’s stock after selling 3,617 shares during the quarter. Transamerica Financial Advisors Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $271,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MUFG. Barclays PLC purchased a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter worth $752,000. Custom Index Systems LLC purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth about $281,000. Synovus Financial Corp lifted its stake in shares of Mitsubishi UFJ Financial Group by 24.4% in the third quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock worth $3,070,000 after buying an additional 59,053 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Mitsubishi UFJ Financial Group by 41.7% in the third quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company’s stock worth $2,629,000 after buying an additional 75,997 shares in the last quarter. Finally, Dorsey Wright & Associates grew its holdings in shares of Mitsubishi UFJ Financial Group by 12.0% during the third quarter. Dorsey Wright & Associates now owns 403,508 shares of the company’s stock valued at $4,108,000 after buying an additional 43,244 shares during the last quarter. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Trading Down 3.1 %

Shares of NYSE:MUFG opened at $14.00 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. Mitsubishi UFJ Financial Group, Inc. has a 1 year low of $8.75 and a 1 year high of $15.03. The company has a market cap of $168.89 billion, a P/E ratio of 12.84, a PEG ratio of 1.16 and a beta of 0.60. The stock’s fifty day moving average price is $13.06 and its 200-day moving average price is $11.85.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Monday, March 24th.

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.