Brinker Capital Inc. lessened its stake in shares of Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) by 26.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 145,229 shares of the company’s stock after selling 52,069 shares during the quarter. Brinker Capital Inc.’s holdings in Mitsubishi UFJ Financial Group were worth $707,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Private Advisor Group LLC purchased a new position in Mitsubishi UFJ Financial Group during the fourth quarter worth about $54,000. Lindbrook Capital LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $70,000. LPL Financial LLC acquired a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter worth about $72,000. B. Riley Wealth Management Inc. acquired a new stake in shares of Mitsubishi UFJ Financial Group during the third quarter worth about $77,000. Finally, Private Capital Group LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 53.0% during the fourth quarter. Private Capital Group LLC now owns 16,766 shares of the company’s stock worth $82,000 after purchasing an additional 5,811 shares in the last quarter. 1.10% of the stock is owned by institutional investors.

Several analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a research report on Wednesday, December 19th. ValuEngine cut shares of Mitsubishi UFJ Financial Group from a “sell” rating to a “strong sell” rating in a research report on Friday, March 1st. Finally, UBS Group raised shares of Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a research report on Thursday, March 7th. Two research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $7.50.

Shares of MUFG opened at $5.04 on Friday. The stock has a market cap of $67.30 billion, a PE ratio of 7.10, a price-to-earnings-growth ratio of 1.71 and a beta of 1.47. Mitsubishi UFJ Financial Group Inc has a 1 year low of $4.64 and a 1 year high of $6.87. The company has a debt-to-equity ratio of 2.20, a quick ratio of 0.95 and a current ratio of 0.93.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Monday, February 4th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $14.61 billion for the quarter. Mitsubishi UFJ Financial Group had a net margin of 15.31% and a return on equity of 6.30%. As a group, analysts predict that Mitsubishi UFJ Financial Group Inc will post 0.69 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This report was originally reported by Watch List News and is owned by of Watch List News. If you are accessing this report on another publication, it was illegally copied and republished in violation of U.S. & international copyright law. The original version of this report can be read at https://www.watchlistnews.com/mitsubishi-ufj-financial-group-inc-mufg-shares-sold-by-brinker-capital-inc/2913795.html.

Mitsubishi UFJ Financial Group Profile

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

Further Reading: Quiet Period Expirations

Want to see what other hedge funds are holding MUFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mitsubishi UFJ Financial Group Inc (NYSE:MUFG).

Institutional Ownership by Quarter for Mitsubishi UFJ Financial Group (NYSE:MUFG)

Receive News & Ratings for Mitsubishi UFJ Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.