Laird Norton Wetherby Wealth Management LLC Sells 19,280 Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG)

Laird Norton Wetherby Wealth Management LLC cut its holdings in Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) by 11.7% during the fourth quarter, HoldingsChannel reports. The firm owned 146,152 shares of the company’s stock after selling 19,280 shares during the period. Laird Norton Wetherby Wealth Management LLC’s holdings in Mitsubishi UFJ Financial Group were worth $1,713,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth about $29,000. Steward Partners Investment Advisory LLC grew its position in Mitsubishi UFJ Financial Group by 33.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company’s stock worth $59,000 after buying an additional 1,279 shares in the last quarter. Sierra Ocean LLC acquired a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth about $62,000. Addison Advisors LLC grew its position in Mitsubishi UFJ Financial Group by 26.0% during the fourth quarter. Addison Advisors LLC now owns 6,129 shares of the company’s stock worth $72,000 after buying an additional 1,263 shares in the last quarter. Finally, Cary Street Partners Financial LLC acquired a new stake in Mitsubishi UFJ Financial Group during the fourth quarter worth about $98,000. 13.59% of the stock is currently owned by institutional investors.

Mitsubishi UFJ Financial Group Stock Up 0.5%

MUFG stock opened at $13.01 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. The business’s 50-day simple moving average is $12.68 and its 200 day simple moving average is $12.25. The company has a market cap of $157.00 billion, a PE ratio of 11.94, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. Mitsubishi UFJ Financial Group, Inc. has a twelve month low of $8.75 and a twelve month high of $15.03.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st.

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.