Bailard Inc. Has $1.40 Million Holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Bailard Inc. cut its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 0.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,004 shares of the company’s stock after selling 982 shares during the quarter. Bailard Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $1,404,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Mitsubishi UFJ Financial Group by 38.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 15,095 shares of the company’s stock valued at $130,000 after purchasing an additional 4,224 shares in the last quarter. Federated Hermes Inc. raised its position in shares of Mitsubishi UFJ Financial Group by 8,010.6% during the fourth quarter. Federated Hermes Inc. now owns 466,601 shares of the company’s stock worth $4,017,000 after acquiring an additional 460,848 shares during the last quarter. OLD National Bancorp IN raised its position in shares of Mitsubishi UFJ Financial Group by 31.7% during the fourth quarter. OLD National Bancorp IN now owns 26,725 shares of the company’s stock worth $230,000 after acquiring an additional 6,425 shares during the last quarter. Linden Thomas Advisory Services LLC increased its holdings in Mitsubishi UFJ Financial Group by 77.2% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 21,018 shares of the company’s stock worth $181,000 after purchasing an additional 9,154 shares in the last quarter. Finally, GAMMA Investing LLC bought a new stake in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $175,000. 13.59% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Stock Down 1.7 %

NYSE MUFG opened at $10.45 on Tuesday. The company has a market cap of $122.54 billion, a price-to-earnings ratio of 12.01, a P/E/G ratio of 0.95 and a beta of 0.61. Mitsubishi UFJ Financial Group, Inc. has a 52 week low of $7.82 and a 52 week high of $11.72. The business has a 50 day moving average price of $10.60 and a 200-day moving average price of $10.31.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. The firm had revenue of $22.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.45% and a net margin of 11.73%. On average, equities research analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 earnings per share for the current year.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.