Hantz Financial Services Inc. Has $1.70 Million Holdings in Mitsubishi UFJ Financial Group, Inc. $MUFG

Hantz Financial Services Inc. cut its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 40.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 106,937 shares of the company’s stock after selling 72,940 shares during the quarter. Hantz Financial Services Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,696,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Independent Solutions Wealth Management LLC lifted its stake in Mitsubishi UFJ Financial Group by 4.8% in the fourth quarter. Independent Solutions Wealth Management LLC now owns 12,692 shares of the company’s stock valued at $201,000 after buying an additional 581 shares during the period. Alta Capital Management LLC lifted its stake in Mitsubishi UFJ Financial Group by 5.7% in the fourth quarter. Alta Capital Management LLC now owns 12,067 shares of the company’s stock valued at $191,000 after buying an additional 647 shares during the period. Huntington National Bank lifted its stake in Mitsubishi UFJ Financial Group by 4.9% in the third quarter. Huntington National Bank now owns 14,086 shares of the company’s stock valued at $225,000 after buying an additional 659 shares during the period. U.S. Capital Wealth Advisors LLC lifted its stake in Mitsubishi UFJ Financial Group by 5.2% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 13,930 shares of the company’s stock valued at $221,000 after buying an additional 691 shares during the period. Finally, Xponance Inc. lifted its stake in Mitsubishi UFJ Financial Group by 5.4% in the third quarter. Xponance Inc. now owns 13,991 shares of the company’s stock valued at $223,000 after buying an additional 723 shares during the period. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Down 1.9%

Shares of NYSE:MUFG opened at $18.96 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $13.19 and a twelve month high of $20.15. The stock’s 50 day moving average is $17.91 and its 200-day moving average is $17.35. The firm has a market capitalization of $224.95 billion, a price-to-earnings ratio of 13.44, a PEG ratio of 0.78 and a beta of 0.40.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its earnings results on Thursday, May 21st. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.13. Mitsubishi UFJ Financial Group had a return on equity of 11.07% and a net margin of 16.65%.The company had revenue of $15.36 billion for the quarter, compared to analyst estimates of $9.34 billion. Equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 1.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.

MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.