Burns Matteson Capital Management LLC Sells 2,080 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Burns Matteson Capital Management LLC reduced its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 16.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,763 shares of the company’s stock after selling 2,080 shares during the quarter. Burns Matteson Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $110,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in MUFG. Rise Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group in the first quarter valued at approximately $27,000. Whittier Trust Co. of Nevada Inc. bought a new stake in Mitsubishi UFJ Financial Group in the 1st quarter valued at $39,000. Addison Advisors LLC lifted its holdings in Mitsubishi UFJ Financial Group by 123.4% during the 2nd quarter. Addison Advisors LLC now owns 4,609 shares of the company’s stock valued at $50,000 after purchasing an additional 2,546 shares during the last quarter. Family Firm Inc. bought a new position in Mitsubishi UFJ Financial Group during the second quarter worth $53,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 60.9% in the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock valued at $58,000 after purchasing an additional 2,222 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Price Performance

Shares of MUFG opened at $10.66 on Friday. The company’s 50-day moving average is $10.23 and its 200-day moving average is $10.35. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92. The firm has a market capitalization of $125.00 billion, a PE ratio of 12.25, a PEG ratio of 0.95 and a beta of 0.59. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $7.89 and a fifty-two week high of $11.72.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03. Mitsubishi UFJ Financial Group had a net margin of 11.73% and a return on equity of 7.46%. The firm had revenue of $22.61 billion during the quarter. Equities analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.95 EPS for the current year.

About Mitsubishi UFJ Financial Group

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.