Credit Agricole SA reissued their outperform rating on shares of Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) in a research note issued to investors on Tuesday morning.

Several other brokerages have also recently weighed in on MTU. Zacks Investment Research raised shares of Mitsubishi UFJ Financial Group from a sell rating to a hold rating in a research note on Monday, August 22nd. Daiwa Capital Markets raised shares of Mitsubishi UFJ Financial Group from a neutral rating to an outperform rating in a research note on Friday, September 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. Mitsubishi UFJ Financial Group presently has a consensus rating of Hold.

Mitsubishi UFJ Financial Group (NYSE:MTU) traded down 3.72% during trading on Tuesday, hitting $5.95. The stock had a trading volume of 520,595 shares. The stock’s 50 day moving average price is $5.17 and its 200 day moving average price is $4.98. Mitsubishi UFJ Financial Group has a 12-month low of $3.86 and a 12-month high of $6.80. The firm has a market cap of $80.80 billion, a P/E ratio of 12.14 and a beta of 1.60.

Several institutional investors have recently made changes to their positions in the company. Princeton Alpha Management LP bought a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth about $173,000. TD Asset Management Inc. raised its position in shares of Mitsubishi UFJ Financial Group by 5,959.4% in the second quarter. TD Asset Management Inc. now owns 862,131 shares of the company’s stock worth $3,819,000 after buying an additional 847,903 shares during the last quarter. Accident Compensation Corp raised its position in shares of Mitsubishi UFJ Financial Group by 56.6% in the second quarter. Accident Compensation Corp now owns 464,443 shares of the company’s stock worth $2,057,000 after buying an additional 167,942 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth about $112,000. Finally, Societe Generale bought a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth about $112,000. Institutional investors own 0.99% of the company’s stock.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.

5 Day Chart for NYSE:MTU

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