Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC lessened its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 17.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 10,742 shares of the company’s stock after selling 2,289 shares during the period. Sage Mountain Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $126,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Eagle Bay Advisors LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 9.3% in the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock valued at $118,000 after purchasing an additional 858 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 1.9% in the 3rd 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 raised its stake in shares of Mitsubishi UFJ Financial Group by 4.9% in the 3rd 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 raised its stake in shares of Mitsubishi UFJ Financial Group by 5.1% in the 4th 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, Private Advisor Group LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 1.6% in the 4th quarter. Private Advisor Group LLC now owns 66,349 shares of the company’s stock valued at $778,000 after purchasing an additional 1,040 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG opened at $13.08 on Thursday. 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 fifty-two week low of $8.75 and a fifty-two week high of $13.34. The firm has a 50-day simple moving average of $12.51 and a 200 day simple moving average of $11.53. The company has a market cap of $157.79 billion, a PE ratio of 12.00, a P/E/G ratio of 1.16 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced 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 net margin of 14.19% and a return on equity of 9.27%. On average, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Wednesday, March 5th.

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.