Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,622,908 shares changed hands during trading, a decline of 32% from the previous session's volume of 2,396,974 shares.The stock last traded at $12.08 and had previously closed at $12.17.
Analyst Ratings Changes
Separately, StockNews.com upgraded Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Saturday, November 23rd.
Get Our Latest Analysis on Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Price Performance
The company has a debt-to-equity ratio of 2.04, a current ratio of 0.91 and a quick ratio of 0.92. The stock has a fifty day simple moving average of $11.25 and a 200-day simple moving average of $10.75. The company has a market capitalization of $140.94 billion, a price-to-earnings ratio of 11.86, a P/E/G ratio of 1.13 and a beta of 0.61.
Hedge Funds Weigh In On Mitsubishi UFJ Financial Group
Several institutional investors and hedge funds have recently modified their holdings of the business. Addison Advisors LLC increased its holdings in Mitsubishi UFJ Financial Group by 123.4% in the 2nd quarter. Addison Advisors LLC now owns 4,609 shares of the company's stock worth $50,000 after acquiring an additional 2,546 shares in the last quarter. Family Firm Inc. purchased a new stake in shares of Mitsubishi UFJ Financial Group during the second quarter worth about $53,000. Venturi Wealth Management LLC raised its position in shares of Mitsubishi UFJ Financial Group by 72.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 5,292 shares of the company's stock worth $54,000 after purchasing an additional 2,229 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Mitsubishi UFJ Financial Group in the 3rd quarter valued at about $55,000. Finally, Rothschild Investment LLC acquired a new stake in Mitsubishi UFJ Financial Group in the 2nd quarter worth about $68,000. Hedge funds and other institutional investors own 13.59% of the company's stock.
About Mitsubishi UFJ Financial Group
(
Get Free Report)
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.
Further Reading
Before you consider Mitsubishi UFJ Financial Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mitsubishi UFJ Financial Group wasn't on the list.
While Mitsubishi UFJ Financial Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
