Schechter Investment Advisors LLC Trims Stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Schechter Investment Advisors LLC reduced its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 9.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 138,957 shares of the company’s stock after selling 14,218 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,196,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of MUFG. Addison Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 254.7% in the 3rd quarter. Addison Advisors LLC now owns 3,597 shares of the company’s stock valued at $31,000 after acquiring an additional 2,583 shares during the period. Hexagon Capital Partners LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 114.6% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company’s stock worth $39,000 after purchasing an additional 2,437 shares in the last quarter. Bessemer Group Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth $47,000. Eagle Bay Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the 2nd quarter worth $36,000. Finally, Allworth Financial LP boosted its position in shares of Mitsubishi UFJ Financial Group by 51.6% in the 3rd quarter. Allworth Financial LP now owns 7,793 shares of the company’s stock worth $66,000 after purchasing an additional 2,654 shares in the last quarter. 13.59% of the stock is currently owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Down 1.1 %

Mitsubishi UFJ Financial Group stock opened at $10.31 on Thursday. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.91 and a quick ratio of 0.91. The stock has a market capitalization of $127.14 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.00 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $5.99 and a 1-year high of $11.22. The business has a fifty day moving average price of $9.84 and a 200-day moving average price of $8.99.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Monday, February 5th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.04. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. The company had revenue of $19.25 billion during the quarter. Equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.79 EPS for the current fiscal year.

About Mitsubishi UFJ Financial Group

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.