StockNews.com upgraded shares of Mitsubishi UFJ Financial Group (NYSE:MUFG - Free Report) from a sell rating to a hold rating in a research note issued to investors on Friday morning.
Mitsubishi UFJ Financial Group Stock Performance
Shares of MUFG traded up $0.24 during trading hours on Friday, hitting $12.15. The stock had a trading volume of 444,078 shares, compared to its average volume of 3,641,711. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.90 and a quick ratio of 0.92. Mitsubishi UFJ Financial Group has a 12 month low of $8.75 and a 12 month high of $15.03. The firm has a market capitalization of $146.62 billion, a PE ratio of 11.15, a PEG ratio of 1.16 and a beta of 0.39. The stock has a fifty day moving average price of $12.81 and a 200 day moving average price of $12.05.
Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.28 EPS for the quarter, topping 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%. Analysts anticipate that Mitsubishi UFJ Financial Group will post 0.99 EPS for the current year.
Institutional Trading of Mitsubishi UFJ Financial Group
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Whipplewood Advisors LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the 4th quarter valued at approximately $29,000. Financial Management Professionals Inc. raised its stake in Mitsubishi UFJ Financial Group by 116.7% during the 1st quarter. Financial Management Professionals Inc. now owns 3,257 shares of the company's stock worth $44,000 after acquiring an additional 1,754 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Mitsubishi UFJ Financial Group during the 3rd quarter worth approximately $55,000. Steward Partners Investment Advisory LLC raised its stake in 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 acquiring an additional 1,279 shares during the period. Finally, Sierra Ocean LLC bought a new stake in Mitsubishi UFJ Financial Group during the 4th quarter worth approximately $62,000. Hedge funds and other 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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