Dorsey Wright & Associates Sells 90,201 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Dorsey Wright & Associates reduced its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 22.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 313,307 shares of the company’s stock after selling 90,201 shares during the quarter. Dorsey Wright & Associates’ holdings in Mitsubishi UFJ Financial Group were worth $3,672,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Natixis Advisors LLC boosted its holdings in Mitsubishi UFJ Financial Group by 5.4% in the fourth quarter. Natixis Advisors LLC now owns 9,850,891 shares of the company’s stock worth $115,452,000 after acquiring an additional 507,578 shares in the last quarter. Chevy Chase Trust Holdings LLC boosted its stake in Mitsubishi UFJ Financial Group by 4.2% in the 4th quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company’s stock worth $69,737,000 after purchasing an additional 241,685 shares in the last quarter. Sei Investments Co. grew its position in Mitsubishi UFJ Financial Group by 1.6% during the 4th quarter. Sei Investments Co. now owns 4,092,847 shares of the company’s stock valued at $47,968,000 after purchasing an additional 64,808 shares during the last quarter. Todd Asset Management LLC increased its stake in Mitsubishi UFJ Financial Group by 0.6% during the 4th quarter. Todd Asset Management LLC now owns 4,069,663 shares of the company’s stock valued at $47,696,000 after purchasing an additional 24,038 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth about $29,252,000. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Down 3.1 %

Mitsubishi UFJ Financial Group stock opened at $14.00 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $15.03. The stock has a fifty day simple moving average of $13.06 and a two-hundred day simple moving average of $11.85. The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The firm has a market cap of $168.89 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 1.16 and a beta of 0.60.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a return on equity of 9.27% and a net margin of 14.19%. Equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Monday, March 24th.

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.