Natixis Advisors LLC Sells 10,720,795 Shares of Mitsubishi UFJ Financial Group, Inc. $MUFG

Natixis Advisors LLC reduced its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 81.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,520,145 shares of the company’s stock after selling 10,720,795 shares during the period. Natixis Advisors LLC’s holdings in Mitsubishi UFJ Financial Group were worth $39,969,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MUFG. AQR Capital Management LLC increased its stake in Mitsubishi UFJ Financial Group by 43.8% in the 1st quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock worth $4,565,000 after purchasing an additional 101,930 shares during the period. Focus Partners Wealth increased its stake in Mitsubishi UFJ Financial Group by 14.8% in the 1st quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock worth $218,000 after purchasing an additional 2,058 shares during the period. Geneos Wealth Management Inc. increased its stake in Mitsubishi UFJ Financial Group by 245.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock worth $65,000 after purchasing an additional 3,403 shares during the period. Acadian Asset Management LLC increased its stake in Mitsubishi UFJ Financial Group by 104.1% in the 1st quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock worth $571,000 after purchasing an additional 21,379 shares during the period. Finally, Sivia Capital Partners LLC increased its stake in Mitsubishi UFJ Financial Group by 68.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock worth $483,000 after purchasing an additional 14,347 shares during the period. 13.59% of the stock is owned by hedge funds and other institutional investors.

Mitsubishi UFJ Financial Group Stock Performance

MUFG opened at $19.45 on Thursday. Mitsubishi UFJ Financial Group, Inc. has a 52-week low of $13.19 and a 52-week high of $20.15. The stock has a market capitalization of $230.77 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 0.78 and a beta of 0.40. The stock’s 50 day moving average price is $18.14 and its 200-day moving average price is $17.48.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Saturday, May 16th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $15.36 billion for the quarter, compared to analysts’ expectations of $9.34 billion. Research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 1.42 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Weiss Ratings cut Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Mitsubishi UFJ Financial Group has an average rating of “Buy”.

Mitsubishi UFJ Financial Group 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.