Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a report released on Tuesday.
Mitsubishi UFJ Financial Group Trading Down 0.5 %
MUFG stock traded down $0.07 during midday trading on Tuesday, hitting $13.23. The stock had a trading volume of 11,016,787 shares, compared to its average volume of 3,211,589. 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 business has a fifty day moving average price of $13.10 and a two-hundred day moving average price of $11.91. Mitsubishi UFJ Financial Group has a 1-year low of $8.75 and a 1-year high of $15.03. The firm has a market cap of $159.66 billion, a P/E ratio of 12.14, a price-to-earnings-growth ratio of 1.16 and a beta of 0.60.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its earnings results on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, beating the consensus estimate 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, sell-side analysts predict that Mitsubishi UFJ Financial Group will post 0.99 earnings per share for the current fiscal year.
Institutional Trading of Mitsubishi UFJ Financial Group
Several hedge funds have recently modified their holdings of the stock. Whipplewood Advisors LLC bought a new position in Mitsubishi UFJ Financial Group in the fourth quarter worth approximately $29,000. Wilmington Savings Fund Society FSB purchased a new stake in Mitsubishi UFJ Financial Group in the 3rd quarter valued at about $55,000. Steward Partners Investment Advisory LLC lifted its position in shares of Mitsubishi UFJ Financial Group by 33.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,056 shares of the company's stock worth $59,000 after buying an additional 1,279 shares in the last quarter. Sierra Ocean LLC bought a new position in shares of Mitsubishi UFJ Financial Group in the fourth quarter valued at approximately $62,000. Finally, Versant Capital Management Inc purchased a new stake in shares of Mitsubishi UFJ Financial Group during the fourth quarter valued at approximately $71,000. Institutional investors 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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