Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report)'s share price gapped down before the market opened on Friday . The stock had previously closed at $12.07, but opened at $11.71. Mitsubishi UFJ Financial Group shares last traded at $11.71, with a volume of 400,575 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut shares of Mitsubishi UFJ Financial Group from a "hold" rating to a "sell" rating in a research note on Friday.
Check Out Our Latest Report on Mitsubishi UFJ Financial Group
Mitsubishi UFJ Financial Group Trading Down 3.3 %
The business has a 50 day simple moving average of $10.56 and a 200 day simple moving average of $10.49. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market cap of $136.10 billion, a price-to-earnings ratio of 14.07, a price-to-earnings-growth ratio of 1.07 and a beta of 0.59.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of MUFG. Blue Trust Inc. raised its stake in shares of Mitsubishi UFJ Financial Group by 98.7% during the third quarter. Blue Trust Inc. now owns 125,734 shares of the company's stock worth $1,358,000 after buying an additional 62,449 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its stake in shares of Mitsubishi UFJ Financial Group by 23.4% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 662,715 shares of the company's stock valued at $6,780,000 after purchasing an additional 125,467 shares during the period. Federated Hermes Inc. boosted its position in shares of Mitsubishi UFJ Financial Group by 17.7% in the 2nd quarter. Federated Hermes Inc. now owns 975,661 shares of the company's stock worth $10,537,000 after purchasing an additional 146,904 shares during the last quarter. Bleakley Financial Group LLC grew its stake in shares of Mitsubishi UFJ Financial Group by 11.8% during the third quarter. Bleakley Financial Group LLC now owns 25,613 shares of the company's stock worth $261,000 after purchasing an additional 2,701 shares during the period. Finally, Teachers Retirement System of The State of Kentucky increased its holdings in Mitsubishi UFJ Financial Group by 20.9% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 2,342,140 shares of the company's stock valued at $23,960,000 after purchasing an additional 405,000 shares during the last quarter. Institutional investors and hedge funds own 13.59% of the company's stock.
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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