Thornburg Investment Management Inc. Sells 6,276 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Thornburg Investment Management Inc. lessened its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.4% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 435,141 shares of the company’s stock after selling 6,276 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $4,450,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. American Century Companies Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 5.9% in the third quarter. American Century Companies Inc. now owns 1,327,345 shares of the company’s stock worth $11,269,000 after purchasing an additional 73,703 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 49.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 15,120 shares of the company’s stock worth $128,000 after acquiring an additional 4,986 shares during the period. Whittier Trust Co. raised its stake in shares of Mitsubishi UFJ Financial Group by 3,230.5% during the fourth quarter. Whittier Trust Co. now owns 49,858 shares of the company’s stock valued at $429,000 after acquiring an additional 48,361 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Mitsubishi UFJ Financial Group by 34.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 23,114 shares of the company’s stock valued at $199,000 after purchasing an additional 5,882 shares during the period. Finally, Aprio Wealth Management LLC grew its stake in Mitsubishi UFJ Financial Group by 23.0% in the fourth quarter. Aprio Wealth Management LLC now owns 15,804 shares of the company’s stock worth $136,000 after purchasing an additional 2,954 shares in the last quarter. Hedge funds and other institutional investors own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG traded down $0.19 on Wednesday, reaching $11.22. 1,289,261 shares of the stock traded hands, compared to its average volume of 2,602,125. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $7.38 and a 12 month high of $11.48. The company has a market cap of $131.57 billion, a price-to-earnings ratio of 12.90, a PEG ratio of 0.97 and a beta of 0.61. The company has a fifty day moving average price of $10.55 and a 200-day moving average price of $10.10.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Wednesday, May 15th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a return on equity of 7.91% and a net margin of 12.68%. The firm had revenue of $22.78 billion during the quarter. As a group, research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current fiscal year.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.