Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $13.63, but opened at $13.32. Mitsubishi UFJ Financial Group shares last traded at $13.25, with a volume of 975,327 shares traded.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised shares of Mitsubishi UFJ Financial Group from a "sell" rating to a "hold" rating in a research note on Tuesday.
Read Our Latest Research Report on Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Price Performance
The company has a current ratio of 0.90, a quick ratio of 0.92 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $147.41 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 1.16 and a beta of 0.39. The stock's 50-day moving average is $13.13 and its two-hundred day moving average is $11.92.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last released its earnings results 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 return on equity of 9.27% and a net margin of 14.19%. On average, equities analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.99 EPS for the current year.
Institutional Trading of Mitsubishi UFJ Financial Group
Institutional investors and hedge funds have recently made changes to their positions in the business. Barclays PLC bought a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter valued at about $752,000. Custom Index Systems LLC bought a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $281,000. Synovus Financial Corp raised its position in Mitsubishi UFJ Financial Group by 24.4% during 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 Mitsubishi UFJ Financial Group by 41.7% in the third quarter. JPMorgan Chase & Co. now owns 258,298 shares of the company's stock worth $2,629,000 after acquiring an additional 75,997 shares during the period. Finally, Dorsey Wright & Associates lifted its position in shares of Mitsubishi UFJ Financial Group by 12.0% in the 3rd quarter. Dorsey Wright & Associates now owns 403,508 shares of the company's stock worth $4,108,000 after purchasing an additional 43,244 shares during the period. 13.59% of the stock is currently owned by institutional investors.
About Mitsubishi UFJ Financial Group
(
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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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