Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Shares Sold by Highland Capital Management LLC

Highland Capital Management LLC cut its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 95,900 shares of the company’s stock after selling 2,750 shares during the quarter. Highland Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,124,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in MUFG. Fisher Asset Management LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after buying an additional 1,067,409 shares during the last quarter. Artemis Investment Management LLP acquired a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $10,880,000. Clearbridge Investments LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 0.3% in the 2nd quarter. Clearbridge Investments LLC now owns 894,456 shares of the company’s stock valued at $9,660,000 after purchasing an additional 2,629 shares during the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group by 0.9% in the fourth quarter. Crossmark Global Holdings Inc. now owns 874,187 shares of the company’s stock valued at $10,245,000 after purchasing an additional 8,155 shares during the period. Finally, Cerity Partners LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 30.2% in the third quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock valued at $8,327,000 after purchasing an additional 189,887 shares during the period. 13.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Mitsubishi UFJ Financial Group Price Performance

Mitsubishi UFJ Financial Group stock opened at $12.75 on Friday. The firm’s 50-day moving average is $11.93 and its two-hundred day moving average is $11.07. 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, Inc. has a 12-month low of $8.75 and a 12-month high of $12.96. The stock has a market capitalization of $153.80 billion, a P/E ratio of 12.50, a P/E/G ratio of 1.12 and a beta of 0.62.

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.