Global Retirement Partners LLC Lowers Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Global Retirement Partners LLC reduced its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 20.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,060 shares of the company’s stock after selling 1,055 shares during the period. Global Retirement Partners LLC’s holdings in Mitsubishi UFJ Financial Group were worth $48,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Barclays PLC purchased a new stake in Mitsubishi UFJ Financial Group in the third quarter valued at approximately $752,000. Fisher Asset Management LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 15.7% in the 3rd quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after buying an additional 1,067,409 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in shares of Mitsubishi UFJ Financial Group by 23.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock valued at $8,816,000 after buying an additional 164,206 shares in the last quarter. Custom Index Systems LLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at $281,000. Finally, Synovus Financial Corp lifted its holdings in shares of Mitsubishi UFJ Financial Group by 24.4% during the 3rd quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock worth $3,070,000 after acquiring an additional 59,053 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th.

Mitsubishi UFJ Financial Group Price Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $12.74 on Friday. The firm has a market capitalization of $153.68 billion, a PE ratio of 11.68, a price-to-earnings-growth ratio of 1.16 and a beta of 0.61. The company has a current ratio of 0.90, a quick ratio of 0.92 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 $13.34. The business’s 50-day moving average price is $12.31 and its 200-day moving average price is $11.39.

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

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.