Citigroup Inc. Sells 9,717 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Citigroup Inc. lowered its stake in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 1.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 561,062 shares of the company’s stock after selling 9,717 shares during the period. Citigroup Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $5,712,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its stake in Mitsubishi UFJ Financial Group by 3.4% during the first quarter. Price T Rowe Associates Inc. MD now owns 642,863 shares of the company’s stock worth $6,577,000 after buying an additional 21,277 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth approximately $155,000. Cetera Advisors LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the 1st quarter worth approximately $131,000. EverSource Wealth Advisors LLC increased its stake in Mitsubishi UFJ Financial Group by 60.9% in the first quarter. EverSource Wealth Advisors LLC now owns 5,870 shares of the company’s stock valued at $58,000 after acquiring an additional 2,222 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Mitsubishi UFJ Financial Group by 11.6% during the second quarter. GAMMA Investing LLC now owns 24,403 shares of the company’s stock worth $264,000 after purchasing an additional 2,538 shares during the last quarter. Institutional investors own 13.59% of the company’s stock.

Analyst Ratings Changes

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

Mitsubishi UFJ Financial Group Stock Up 2.8 %

Shares of NYSE MUFG opened at $11.91 on Monday. The company has a market cap of $138.84 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 1.10 and a beta of 0.59. The company has a current ratio of 0.91, a quick ratio of 0.92 and a debt-to-equity ratio of 2.04. Mitsubishi UFJ Financial Group, Inc. has a 12 month low of $8.19 and a 12 month high of $12.11. The stock has a 50-day moving average price of $10.88 and a two-hundred day moving average price of $10.61.

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.