Everpar Advisors LLC Sells 2,348 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Everpar Advisors LLC lowered its position in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 7.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,924 shares of the company’s stock after selling 2,348 shares during the period. Everpar Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $381,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Northern Trust Corp raised its stake in shares of Mitsubishi UFJ Financial Group by 46.6% in the fourth quarter. Northern Trust Corp now owns 10,522,079 shares of the company’s stock valued at $123,319,000 after acquiring an additional 3,342,330 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of 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 valued at $115,452,000 after acquiring an additional 507,578 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Mitsubishi UFJ Financial Group by 40.4% in the fourth quarter. Royal Bank of Canada now owns 6,021,271 shares of the company’s stock valued at $70,570,000 after acquiring an additional 1,731,873 shares during the last quarter. Chevy Chase Trust Holdings LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 4.2% in the fourth quarter. Chevy Chase Trust Holdings LLC now owns 5,950,256 shares of the company’s stock valued at $69,737,000 after acquiring an additional 241,685 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 7.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 4,806,932 shares of the company’s stock valued at $56,337,000 after acquiring an additional 313,851 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

MUFG stock opened at $13.60 on Friday. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. The company has a 50 day moving average price of $12.85 and a 200 day moving average price of $12.62. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $8.75 and a fifty-two week high of $15.03. The stock has a market capitalization of $164.17 billion, a PE ratio of 12.48, a price-to-earnings-growth ratio of 1.16 and a beta of 0.42.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its quarterly earnings data on Thursday, May 15th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.10. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. The firm had revenue of $22.91 billion during the quarter, compared to analysts’ expectations of $6.47 billion. Analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday.

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.