Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 5,918,976 shares were traded during mid-day trading, an increase of 85% from the previous session's volume of 3,192,775 shares.The stock last traded at $13.22 and had previously closed at $13.30.
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 Tuesday, April 1st.
View Our Latest Report on Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Price Performance
The company has a market cap of $130.63 billion, a PE ratio of 9.93, a P/E/G 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. The stock has a 50-day simple moving average of $13.10 and a 200 day simple moving average of $11.95.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate 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%. Equities analysts expect that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the company. Whipplewood Advisors LLC acquired a new position in Mitsubishi UFJ Financial Group during the 4th quarter worth about $29,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Mitsubishi UFJ Financial Group in the third quarter valued at approximately $55,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 33.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock valued at $59,000 after purchasing an additional 1,279 shares in the last quarter. Sierra Ocean LLC acquired a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $62,000. Finally, Versant Capital Management Inc acquired a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter worth $71,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.
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.
Featured Stories
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
Like this article? Share it with a colleague.
Link copied to clipboard.
