Mitsubishi UFJ Financial Group Inc. (MTU) Given “Outperform” Rating at Credit Agricole SA
A number of other research analysts have also issued reports on MTU. Daiwa Capital Markets raised Mitsubishi UFJ Financial Group from a neutral rating to an outperform rating in a report on Friday, September 2nd. Zacks Investment Research raised Mitsubishi UFJ Financial Group from a sell rating to a hold rating in a report on Monday, August 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold.
Shares of Mitsubishi UFJ Financial Group (NYSE:MTU) traded down 3.72% during mid-day trading on Tuesday, hitting $5.95. The company’s stock had a trading volume of 504,925 shares. The stock has a 50-day moving average of $5.17 and a 200-day moving average of $4.98. The company has a market cap of $80.80 billion, a PE ratio of 12.14 and a beta of 1.60. Mitsubishi UFJ Financial Group has a 12-month low of $3.86 and a 12-month high of $6.80.
A number of hedge funds and other institutional investors have recently made changes to their positions in MTU. Cypress Wealth Advisors LLC acquired a new position in shares of Mitsubishi UFJ Financial Group during the second quarter worth $100,000. Creative Planning increased its stake in Mitsubishi UFJ Financial Group by 34.1% in the third quarter. Creative Planning now owns 21,034 shares of the company’s stock worth $106,000 after buying an additional 5,344 shares during the last quarter. Signaturefd LLC increased its stake in Mitsubishi UFJ Financial Group by 251.9% in the second quarter. Signaturefd LLC now owns 24,219 shares of the company’s stock worth $107,000 after buying an additional 17,336 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Mitsubishi UFJ Financial Group during the second quarter worth approximately $112,000. Finally, Societe Generale purchased a new stake in Mitsubishi UFJ Financial Group during the second quarter worth approximately $112,000. 0.99% of the stock is currently owned by hedge funds and other institutional investors.
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.
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