Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) was downgraded by research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research note issued to investors on Monday.
Mitsubishi UFJ Financial Group Price Performance
NYSE:MUFG traded down $0.42 on Monday, reaching $14.03. The stock had a trading volume of 5,341,776 shares, compared to its average volume of 6,176,147. The company has a market capitalization of $169.25 billion, a P/E ratio of 12.87, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60. The stock has a fifty day moving average price of $13.02 and a 200-day moving average price of $11.81. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 2.06. Mitsubishi UFJ Financial Group has a 1-year low of $8.75 and a 1-year high of $15.03.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. Mitsubishi UFJ Financial Group had a net margin of 14.19% and a return on equity of 9.27%. Research analysts forecast that Mitsubishi UFJ Financial Group will post 0.99 EPS for the current year.
Institutional Trading of Mitsubishi UFJ Financial Group
Institutional investors and hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its position in shares of Mitsubishi UFJ Financial Group by 2.0% in the third quarter. PNC Financial Services Group Inc. now owns 301,488 shares of the company's stock worth $3,069,000 after purchasing an additional 5,805 shares in the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group by 14.9% in the third quarter. Advisors Asset Management Inc. now owns 51,247 shares of the company's stock valued at $522,000 after purchasing an additional 6,637 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Mitsubishi UFJ Financial Group by 14.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 699,645 shares of the company's stock valued at $7,122,000 after purchasing an additional 88,034 shares during the period. Eagle Asset Management Inc. increased its holdings in shares of Mitsubishi UFJ Financial Group by 11.3% during the third quarter. Eagle Asset Management Inc. now owns 63,142 shares of the company's stock worth $643,000 after purchasing an additional 6,386 shares during the period. Finally, Cerity Partners LLC increased its stake in Mitsubishi UFJ Financial Group by 30.2% during the 3rd quarter. Cerity Partners LLC now owns 818,014 shares of the company's stock worth $8,327,000 after acquiring an additional 189,887 shares during the period. 13.59% of the stock is owned by institutional investors.
Mitsubishi UFJ Financial Group Company Profile
(
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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.
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