Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report) shares saw an uptick in trading volume on Tuesday . 5,953,026 shares changed hands during trading, an increase of 75% from the previous session's volume of 3,393,711 shares.The stock last traded at $11.30 and had previously closed at $10.82.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Wednesday.
Check Out Our Latest Stock Report on Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Price Performance
The company has a 50 day moving average of $12.91 and a 200 day moving average of $11.97. The stock has a market capitalization of $139.97 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. 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 (NYSE:MUFG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 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%. As a group, equities research analysts forecast that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current fiscal year.
Hedge Funds Weigh In On Mitsubishi UFJ Financial Group
A number of hedge funds have recently made changes to their positions in the stock. Barclays PLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 3rd quarter worth $752,000. Custom Index Systems LLC purchased a new position in shares of Mitsubishi UFJ Financial Group in the 4th quarter worth about $281,000. Synovus Financial Corp lifted its stake in shares of Mitsubishi UFJ Financial Group by 24.4% in the 3rd quarter. Synovus Financial Corp now owns 301,550 shares of the company's stock valued at $3,070,000 after purchasing an additional 59,053 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Mitsubishi UFJ Financial Group by 41.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company's stock valued at $2,629,000 after purchasing an additional 75,997 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Mitsubishi UFJ Financial Group by 1.9% during the 3rd quarter. Franklin Resources Inc. now owns 49,208 shares of the company's stock worth $526,000 after purchasing an additional 938 shares during the period. Institutional investors and hedge funds own 13.59% of the company's stock.
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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