Mitsubishi UFJ Financial Group (NYSE:MUFG) Shares Gap Down to $10.23

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $10.23, but opened at $9.97. Mitsubishi UFJ Financial Group shares last traded at $9.96, with a volume of 365,893 shares.

Mitsubishi UFJ Financial Group Trading Down 2.4 %

The business has a 50-day moving average price of $9.93 and a two-hundred day moving average price of $9.02. The firm has a market capitalization of $123.13 billion, a price-to-earnings ratio of 8.05, a PEG ratio of 0.98 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG - Get Free Report) last announced its quarterly earnings results on Monday, February 5th. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.04. The business had revenue of $19.25 billion for the quarter. Mitsubishi UFJ Financial Group had a return on equity of 7.78% and a net margin of 19.14%. On average, equities research analysts predict that Mitsubishi UFJ Financial Group, Inc. will post 0.79 earnings per share for the current fiscal year.

Institutional Trading of Mitsubishi UFJ Financial Group

Large investors have recently added to or reduced their stakes in the business. Addison Advisors LLC increased its position in Mitsubishi UFJ Financial Group by 254.7% in the 3rd quarter. Addison Advisors LLC now owns 3,597 shares of the company's stock valued at $31,000 after acquiring an additional 2,583 shares during the period. EverSource Wealth Advisors LLC increased its position in Mitsubishi UFJ Financial Group by 133.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 3,648 shares of the company's stock valued at $31,000 after acquiring an additional 2,082 shares during the period. Principal Securities Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the 4th quarter valued at approximately $32,000. Hexagon Capital Partners LLC increased its position in shares of Mitsubishi UFJ Financial Group by 114.6% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,564 shares of the company's stock valued at $39,000 after purchasing an additional 2,437 shares during the period. Finally, Bessemer Group Inc. acquired a new position in shares of Mitsubishi UFJ Financial Group during the 2nd quarter valued at $47,000. 13.59% of the stock is currently owned by institutional investors and hedge funds.


Mitsubishi UFJ Financial Group Company Profile

(Get Free Report)

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.

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