Blue Trust Inc. Has $719,000 Stock Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Blue Trust Inc. cut its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 51.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,324 shares of the company’s stock after selling 64,410 shares during the quarter. Blue Trust Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $719,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Eagle Bay Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 9.3% during the fourth quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock worth $118,000 after buying an additional 858 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 1.9% during the third quarter. Franklin Resources Inc. now owns 49,208 shares of the company’s stock valued at $526,000 after purchasing an additional 938 shares in the last quarter. Abel Hall LLC boosted its holdings in Mitsubishi UFJ Financial Group by 4.9% during the third quarter. Abel Hall LLC now owns 20,388 shares of the company’s stock valued at $208,000 after purchasing an additional 949 shares in the last quarter. OLD National Bancorp IN boosted its holdings in Mitsubishi UFJ Financial Group by 5.1% during the fourth quarter. OLD National Bancorp IN now owns 19,841 shares of the company’s stock valued at $233,000 after purchasing an additional 955 shares in the last quarter. Finally, Waldron Private Wealth LLC boosted its holdings in Mitsubishi UFJ Financial Group by 9.0% during the third quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company’s stock valued at $120,000 after purchasing an additional 968 shares in the last quarter. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Up 1.8 %

NYSE MUFG opened at $12.82 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The stock’s 50 day moving average is $12.10 and its two-hundred day moving average is $11.19. The company has a market capitalization of $154.65 billion, a price-to-earnings ratio of 11.76, a PEG ratio of 1.13 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.75 and a 1-year high of $12.96.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Equities 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 Saturday, November 23rd.

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.