RNC Capital Management LLC Sells 1,900 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

RNC Capital Management LLC reduced its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 4.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,540 shares of the company’s stock after selling 1,900 shares during the period. RNC Capital Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $499,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MUFG. Fisher Asset Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 15.7% during the third quarter. Fisher Asset Management LLC now owns 7,853,310 shares of the company’s stock worth $79,947,000 after acquiring an additional 1,067,409 shares in the last quarter. Artemis Investment Management LLP bought a new stake in Mitsubishi UFJ Financial Group in the 4th quarter worth about $10,880,000. BNP Paribas Financial Markets grew its position in Mitsubishi UFJ Financial Group by 140.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 514,746 shares of the company’s stock worth $5,240,000 after purchasing an additional 301,065 shares in the last quarter. Quantinno Capital Management LP grew its position in Mitsubishi UFJ Financial Group by 31.6% in the 3rd quarter. Quantinno Capital Management LP now owns 797,543 shares of the company’s stock worth $8,119,000 after purchasing an additional 191,368 shares in the last quarter. Finally, Cerity Partners LLC grew its position in Mitsubishi UFJ Financial Group by 30.2% in the 3rd quarter. Cerity Partners LLC now owns 818,014 shares of the company’s stock worth $8,327,000 after purchasing an additional 189,887 shares in the last quarter. 13.59% of the stock is owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Up 0.0 %

MUFG opened at $12.66 on Friday. The company has a quick ratio of 0.92, a current ratio of 0.91 and a debt-to-equity ratio of 2.04. The stock has a market cap of $152.72 billion, a price-to-earnings ratio of 12.41, a PEG ratio of 1.12 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $12.96. The company’s 50-day moving average price is $12.02 and its two-hundred day moving average price is $11.12.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 13.89% and a return on equity of 8.86%. As a group, equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.

Analyst Ratings Changes

Separately, StockNews.com raised shares of 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.