Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) Position Trimmed by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC trimmed its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Free Report) by 15.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 252,466 shares of the company's stock after selling 46,068 shares during the period. Orion Portfolio Solutions LLC's holdings in Mitsubishi UFJ Financial Group were worth $2,570,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Catalina Capital Group LLC raised its position in shares of Mitsubishi UFJ Financial Group by 5.4% during the 2nd quarter. Catalina Capital Group LLC now owns 17,965 shares of the company's stock worth $194,000 after purchasing an additional 918 shares during the period. Waldron Private Wealth LLC boosted its holdings in shares of Mitsubishi UFJ Financial Group by 9.0% during the third quarter. Waldron Private Wealth LLC now owns 11,742 shares of the company's stock valued at $120,000 after acquiring an additional 968 shares during the period. LRI Investments LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 6.9% in the 2nd quarter. LRI Investments LLC now owns 15,156 shares of the company's stock worth $164,000 after acquiring an additional 981 shares during the period. Commonwealth Equity Services LLC boosted its stake in Mitsubishi UFJ Financial Group by 1.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 101,421 shares of the company's stock valued at $1,095,000 after purchasing an additional 1,002 shares during the period. Finally, Claro Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 3.7% during the 2nd quarter. Claro Advisors LLC now owns 31,131 shares of the company's stock valued at $336,000 after purchasing an additional 1,098 shares during the period. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

Shares of NYSE MUFG traded up $0.03 during midday trading on Thursday, reaching $12.17. 2,489,072 shares of the company traded hands, compared to its average volume of 2,400,410. The company has a market cap of $141.87 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 1.12 and a beta of 0.61. The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. The stock has a 50-day moving average price of $11.18 and a 200 day moving average price of $10.72. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $8.19 and a 52 week high of $12.31.

Wall Street Analyst Weigh In

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

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.