Cerity Partners LLC Sells 34,017 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Cerity Partners LLC lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 783,997 shares of the company's stock after selling 34,017 shares during the period. Cerity Partners LLC's holdings in Mitsubishi UFJ Financial Group were worth $8,363,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the stock. MML Investors Services LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 3.1% in the 3rd quarter. MML Investors Services LLC now owns 137,065 shares of the company's stock worth $1,395,000 after acquiring an additional 4,135 shares in the last quarter. Barclays PLC purchased a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter valued at $752,000. M&T Bank Corp raised its holdings in shares of Mitsubishi UFJ Financial Group by 0.9% during the third quarter. M&T Bank Corp now owns 555,675 shares of the company's stock valued at $5,657,000 after purchasing an additional 4,699 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of Mitsubishi UFJ Financial Group by 18.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 29,189 shares of the company's stock worth $297,000 after buying an additional 4,570 shares during the last quarter. Finally, Te Ahumairangi Investment Management Ltd lifted its holdings in Mitsubishi UFJ Financial Group by 61.9% in the third quarter. Te Ahumairangi Investment Management Ltd now owns 74,517 shares of the company's stock valued at $754,000 after acquiring an additional 28,500 shares during the period. Institutional investors own 13.59% of the company's stock.

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Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Wednesday, April 9th.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE:MUFG traded up $0.24 on Tuesday, reaching $11.90. The company's stock had a trading volume of 5,000,887 shares, compared to its average volume of 3,598,127. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.92 and a current ratio of 0.90. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $8.75 and a 52-week high of $15.03. The company has a 50-day simple moving average of $12.89 and a 200 day simple moving average of $11.99. The company has a market cap of $143.55 billion, a P/E ratio of 10.91, a PEG ratio of 1.16 and a beta of 0.39.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. As a group, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.

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.