Mitsubishi UFJ Financial Group, Inc. $MUFG Shares Sold by Boston Common Asset Management LLC

Boston Common Asset Management LLC lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 4.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 566,845 shares of the company’s stock after selling 26,339 shares during the period. Boston Common Asset Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $9,619,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter valued at $26,000. Whipplewood Advisors LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 1st quarter valued at about $29,000. JPL Wealth Management LLC purchased a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter valued at about $34,000. Sound Income Strategies LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 716.4% in the fourth quarter. Sound Income Strategies LLC now owns 2,482 shares of the company’s stock valued at $39,000 after purchasing an additional 2,178 shares during the period. Finally, Root Financial Partners LLC increased its holdings in shares of Mitsubishi UFJ Financial Group by 96.2% in the fourth quarter. Root Financial Partners LLC now owns 2,562 shares of the company’s stock valued at $41,000 after purchasing an additional 1,256 shares during the period. 13.59% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on MUFG shares. Mitsubishi UFJ Financial Group assumed coverage on Mitsubishi UFJ Financial Group in a report on Thursday, June 25th. They set a “buy” rating for the company. Erste Group Bank began coverage on shares of Mitsubishi UFJ Financial Group in a research report on Thursday, June 25th. They set a “buy” rating for the company. Finally, Weiss Ratings cut shares of Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Mitsubishi UFJ Financial Group has an average rating of “Moderate Buy”.

Mitsubishi UFJ Financial Group Stock Performance

NYSE MUFG opened at $21.36 on Monday. The firm has a market capitalization of $253.46 billion, a P/E ratio of 15.15, a PEG ratio of 1.03 and a beta of 0.39. The stock has a 50-day simple moving average of $20.10 and a two-hundred day simple moving average of $18.60. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.98 and a current ratio of 0.98. Mitsubishi UFJ Financial Group, Inc. has a fifty-two week low of $13.27 and a fifty-two week high of $22.83.

About Mitsubishi UFJ Financial Group

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.