Mercer Global Advisors Inc. ADV Sells 5,777 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Mercer Global Advisors Inc. ADV reduced its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 279,848 shares of the company’s stock after selling 5,777 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Mitsubishi UFJ Financial Group were worth $3,022,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Norden Group LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter valued at approximately $2,219,000. Wells Fargo & Company MN grew its stake in shares of Mitsubishi UFJ Financial Group by 6.7% during the fourth quarter. Wells Fargo & Company MN now owns 1,731,206 shares of the company’s stock worth $14,906,000 after buying an additional 108,026 shares during the last quarter. Diversify Advisory Services LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the first quarter worth $941,000. Capital Wealth Planning LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 25.7% in the 1st quarter. Capital Wealth Planning LLC now owns 454,363 shares of the company’s stock valued at $4,648,000 after acquiring an additional 92,848 shares during the last quarter. Finally, Fisher Asset Management LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $57,954,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $10.44 on Monday. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 2.25. The stock has a market cap of $122.42 billion, a PE ratio of 12.00, a PEG ratio of 0.88 and a beta of 0.60. Mitsubishi UFJ Financial Group, Inc. has a 12-month low of $7.89 and a 12-month high of $11.72. The business has a 50-day simple moving average of $10.49 and a two-hundred day simple moving average of $10.37.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.46% and a net margin of 11.73%. Analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.