Brandes Investment Partners LP Sells 17,644 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Brandes Investment Partners LP reduced its position in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,239,508 shares of the company’s stock after selling 17,644 shares during the quarter. Brandes Investment Partners LP’s holdings in Mitsubishi UFJ Financial Group were worth $14,527,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Whipplewood Advisors LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at about $29,000. Steward Partners Investment Advisory LLC raised its position in shares of Mitsubishi UFJ Financial Group by 33.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock valued at $59,000 after purchasing an additional 1,279 shares during the period. Sierra Ocean LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at about $62,000. Venturi Wealth Management LLC raised its position in shares of Mitsubishi UFJ Financial Group by 72.8% in the third quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company’s stock valued at $54,000 after purchasing an additional 2,229 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Mitsubishi UFJ Financial Group in the third quarter valued at about $55,000. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Trading Up 3.8 %

MUFG stock opened at $13.68 on Friday. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. The company’s 50-day simple moving average is $12.58 and its 200 day simple moving average is $11.56. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.75 and a 52 week high of $13.71. The company has a market capitalization of $165.03 billion, a PE ratio of 12.55, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating the consensus estimate 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%. As a group, sell-side analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, March 5th.

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.