Mitsubishi UFJ Financial Group, Inc. $MUFG Stake Reduced by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC lessened its holdings in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 93.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,972 shares of the company’s stock after selling 181,727 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $276,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP increased its holdings in Mitsubishi UFJ Financial Group by 21.4% in the first quarter. Quantinno Capital Management LP now owns 2,399,601 shares of the company’s stock valued at $40,721,000 after purchasing an additional 423,058 shares during the period. XY Capital Ltd raised its position in Mitsubishi UFJ Financial Group by 710.6% during the 1st quarter. XY Capital Ltd now owns 411,425 shares of the company’s stock worth $6,982,000 after purchasing an additional 360,670 shares during the last quarter. Royal Bank of Canada lifted its holdings in Mitsubishi UFJ Financial Group by 5.7% during the 1st quarter. Royal Bank of Canada now owns 6,315,948 shares of the company’s stock worth $107,182,000 after buying an additional 338,881 shares during the period. QRG Capital Management Inc. lifted its holdings in Mitsubishi UFJ Financial Group by 28.6% during the 2nd quarter. QRG Capital Management Inc. now owns 817,288 shares of the company’s stock worth $16,256,000 after buying an additional 181,696 shares during the period. Finally, TD Waterhouse Canada Inc. lifted its holdings in Mitsubishi UFJ Financial Group by 18.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,097,840 shares of the company’s stock worth $24,827,000 after buying an additional 169,723 shares during the period. Institutional investors and hedge funds own 13.59% of the company’s stock.

Analyst Ratings Changes

MUFG has been the subject of several recent research reports. Weiss Ratings raised Mitsubishi UFJ Financial Group from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, September 25th. Zacks Research lowered Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Price Performance

Shares of NYSE MUFG opened at $21.66 on Wednesday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $14.88 and a twelve month high of $24.26. The firm has a fifty day simple moving average of $22.51 and a 200 day simple moving average of $20.26. The company has a market capitalization of $257.05 billion, a PE ratio of 13.65, a P/E/G ratio of 0.81 and a beta of 0.51. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.10.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) is a Japan-based financial services group headquartered in Tokyo. It was formed in 2005 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings. MUFG provides commercial and retail banking, trust banking, securities, credit card and consumer finance, asset management, and leasing services. Its businesses serve individuals, companies, and institutional clients. The group operates primarily in Japan and also serves customers through a broad international network across the Americas, Europe, and Asia-Pacific.