Shares of Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report) saw an uptick in trading volume on Friday . 4,158,624 shares were traded during trading, an increase of 69% from the previous session's volume of 2,457,514 shares.The stock last traded at $13.63 and had previously closed at $13.17.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Wednesday, March 5th.
Check Out Our Latest Research Report on MUFG
Mitsubishi UFJ Financial Group Trading Up 3.0 %
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 stock's 50 day moving average price is $12.66 and its 200-day moving average price is $11.63. The stock has a market capitalization of $172.27 billion, a P/E ratio of 13.10, a P/E/G ratio of 1.16 and a beta of 0.60.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its quarterly earnings data 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%. As a group, equities research analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 earnings per share for the current year.
Institutional Investors Weigh In On Mitsubishi UFJ Financial Group
A number of hedge funds and other institutional investors have recently bought and sold shares of MUFG. Whipplewood Advisors LLC purchased a new stake in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB purchased a new stake in Mitsubishi UFJ Financial Group during the third quarter valued at approximately $55,000. Steward Partners Investment Advisory LLC lifted 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 valued at $59,000 after acquiring an additional 1,279 shares during the last quarter. Sierra Ocean LLC purchased a new stake in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $62,000. Finally, Versant Capital Management Inc purchased a new stake in Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $71,000. Hedge funds and other institutional investors 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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