Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Raymond James Trust N.A.

Raymond James Trust N.A. decreased its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 30.6% during the third quarter, HoldingsChannel reports. The firm owned 30,896 shares of the company’s stock after selling 13,613 shares during the quarter. Raymond James Trust N.A.’s holdings in Mitsubishi UFJ Financial Group were worth $315,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blue Trust Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 98.7% during the third quarter. Blue Trust Inc. now owns 125,734 shares of the company’s stock valued at $1,358,000 after buying an additional 62,449 shares during the last quarter. Federated Hermes Inc. lifted its position in Mitsubishi UFJ Financial Group by 17.7% during the 2nd quarter. Federated Hermes Inc. now owns 975,661 shares of the company’s stock worth $10,537,000 after acquiring an additional 146,904 shares during the period. Bleakley Financial Group LLC grew its stake in Mitsubishi UFJ Financial Group by 11.8% during the 3rd quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company’s stock valued at $261,000 after purchasing an additional 2,701 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Mitsubishi UFJ Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company’s stock valued at $23,960,000 after purchasing an additional 405,000 shares during the period. Finally, Crossmark Global Holdings Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 23.4% in the third quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock worth $8,816,000 after purchasing an additional 164,206 shares during the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, November 23rd.

Mitsubishi UFJ Financial Group Stock Down 0.3 %

NYSE:MUFG opened at $11.59 on Thursday. The firm has a market capitalization of $135.05 billion, a P/E ratio of 11.36, a PEG ratio of 1.10 and a beta of 0.59. The company’s fifty day moving average price is $10.83 and its 200-day moving average price is $10.59. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.19 and a 1-year high of $12.11. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92.

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.