Schechter Investment Advisors LLC Has $1.23 Million Stock Position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Schechter Investment Advisors LLC lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 4.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 104,884 shares of the company’s stock after selling 5,067 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,229,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Barclays PLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter valued at $752,000. Fisher Asset Management LLC raised its stake in Mitsubishi UFJ Financial Group by 15.7% during the 3rd 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 period. Crossmark Global Holdings Inc. raised its stake in Mitsubishi UFJ Financial Group by 23.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 866,032 shares of the company’s stock worth $8,816,000 after buying an additional 164,206 shares during the period. Custom Index Systems LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth $281,000. Finally, Synovus Financial Corp raised its stake in Mitsubishi UFJ Financial Group by 24.4% during the 3rd quarter. Synovus Financial Corp now owns 301,550 shares of the company’s stock worth $3,070,000 after buying an additional 59,053 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, February 25th.

Mitsubishi UFJ Financial Group Stock Performance

Shares of Mitsubishi UFJ Financial Group stock opened at $12.84 on Tuesday. The company has a market capitalization of $154.95 billion, a PE ratio of 11.78, a PEG ratio of 1.16 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.75 and a 12 month high of $13.34. 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 stock’s fifty day simple moving average is $12.34 and its 200 day simple moving average is $11.42.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued 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%. On average, research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

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.