Quadrant Capital Group LLC Cuts Stock Holdings in Mitsubishi UFJ Financial Group Inc (NYSE:MUFG)

Quadrant Capital Group LLC lowered its stake in shares of Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) by 60.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,998 shares of the company’s stock after selling 81,286 shares during the quarter. Quadrant Capital Group LLC’s holdings in Mitsubishi UFJ Financial Group were worth $250,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Commerce Bank increased its position in shares of Mitsubishi UFJ Financial Group by 20.2% during the first quarter. Commerce Bank now owns 13,880 shares of the company’s stock worth $69,000 after acquiring an additional 2,330 shares during the period. Hartford Investment Management Co. increased its position in shares of Mitsubishi UFJ Financial Group by 8.4% during the first quarter. Hartford Investment Management Co. now owns 32,991 shares of the company’s stock worth $163,000 after acquiring an additional 2,561 shares during the period. Cornerstone Advisors Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 121.2% during the first quarter. Cornerstone Advisors Inc. now owns 6,022 shares of the company’s stock worth $30,000 after acquiring an additional 3,299 shares during the period. Confluence Investment Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 2.4% during the second quarter. Confluence Investment Management LLC now owns 152,763 shares of the company’s stock worth $726,000 after acquiring an additional 3,531 shares during the period. Finally, Parallel Advisors LLC increased its position in shares of Mitsubishi UFJ Financial Group by 121.9% during the first quarter. Parallel Advisors LLC now owns 7,413 shares of the company’s stock worth $37,000 after acquiring an additional 4,073 shares during the period. 1.14% of the stock is currently owned by institutional investors and hedge funds.

A number of research firms have recently weighed in on MUFG. ValuEngine raised Mitsubishi UFJ Financial Group from a “strong sell” rating to a “sell” rating in a research report on Thursday. Zacks Investment Research raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Monday, May 13th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold”.

Shares of Mitsubishi UFJ Financial Group stock traded down $0.09 during trading hours on Monday, reaching $4.74. 92,912 shares of the company were exchanged, compared to its average volume of 1,019,693. Mitsubishi UFJ Financial Group Inc has a 1 year low of $4.49 and a 1 year high of $6.47. The firm has a fifty day moving average of $4.77. The company has a current ratio of 0.92, a quick ratio of 0.91 and a debt-to-equity ratio of 2.07. The company has a market capitalization of $63.37 billion, a price-to-earnings ratio of 6.41, a PEG ratio of 1.25 and a beta of 1.34.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Wednesday, May 15th. The company reported $0.12 earnings per share for the quarter. The business had revenue of $15.20 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.46% and a net margin of 13.82%. As a group, sell-side analysts forecast that Mitsubishi UFJ Financial Group Inc will post 0.64 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

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