Legacy Wealth Asset Management LLC Sells 5,803 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Legacy Wealth Asset Management LLC lessened its stake in shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 2.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 229,407 shares of the company’s stock after selling 5,803 shares during the quarter. Mitsubishi UFJ Financial Group accounts for about 0.7% of Legacy Wealth Asset Management LLC’s investment portfolio, making the stock its 20th largest position. Legacy Wealth Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $2,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Park Avenue Securities LLC boosted its position in Mitsubishi UFJ Financial Group by 46.1% in the fourth quarter. Park Avenue Securities LLC now owns 120,661 shares of the company’s stock valued at $1,414,000 after buying an additional 38,085 shares in the last quarter. Kathmere Capital Management LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 17.0% in the fourth quarter. Kathmere Capital Management LLC now owns 15,923 shares of the company’s stock valued at $187,000 after acquiring an additional 2,316 shares during the last quarter. Marcum Wealth LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth approximately $119,000. Eagle Bay Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 9.3% during the 4th quarter. Eagle Bay Advisors LLC now owns 10,094 shares of the company’s stock worth $118,000 after acquiring an additional 858 shares during the last quarter. Finally, Aprio Wealth Management LLC increased its holdings in Mitsubishi UFJ Financial Group by 23.7% during the 4th quarter. Aprio Wealth Management LLC now owns 24,833 shares of the company’s stock valued at $291,000 after purchasing an additional 4,764 shares in the last quarter. Institutional investors and hedge funds own 13.59% of the company’s stock.

Mitsubishi UFJ Financial Group Trading Down 1.3 %

MUFG opened at $12.09 on Friday. Mitsubishi UFJ Financial Group, Inc. has a 1-year low of $8.68 and a 1-year high of $12.31. The stock has a market capitalization of $145.84 billion, a PE ratio of 11.85, a PEG ratio of 1.09 and a beta of 0.62. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. The firm has a 50-day moving average price of $11.80 and a two-hundred day moving average price of $10.99.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 23rd.

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.