Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) – Analysts at Credit Agricole SA issued their FY2017 earnings estimates for Mitsubishi UFJ Financial Group in a report released on Tuesday. Credit Agricole SA analyst B. Waterhouse expects that the brokerage will earn $0.57 per share for the year. Credit Agricole SA currently has a “Outperform” rating on the stock. Credit Agricole SA also issued estimates for Mitsubishi UFJ Financial Group’s FY2018 earnings at $0.58 EPS and FY2019 earnings at $0.59 EPS.

A number of other analysts 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 report on Monday, August 22nd. Daiwa Capital Markets raised shares of Mitsubishi UFJ Financial Group from a “neutral” rating to an “outperform” rating in a report on Friday, September 2nd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold”.

Mitsubishi UFJ Financial Group (NYSE:MTU) opened at 5.95 on Friday. The firm’s 50-day moving average is $5.08 and its 200-day moving average is $4.95. Mitsubishi UFJ Financial Group has a 12 month low of $3.86 and a 12 month high of $6.83. The firm has a market cap of $80.80 billion, a PE ratio of 12.14 and a beta of 1.60.

Several hedge funds have recently added to or reduced their stakes in the company. UBS Group AG boosted its stake in Mitsubishi UFJ Financial Group by 9.7% in the first quarter. UBS Group AG now owns 315,602 shares of the company’s stock worth $1,449,000 after buying an additional 27,939 shares during the period. HBK Investments L P boosted its stake in Mitsubishi UFJ Financial Group by 234.4% in the first quarter. HBK Investments L P now owns 211,000 shares of the company’s stock worth $968,000 after buying an additional 147,900 shares during the period. Renaissance Technologies LLC boosted its stake in Mitsubishi UFJ Financial Group by 5.1% in the first quarter. Renaissance Technologies LLC now owns 3,478,541 shares of the company’s stock worth $15,967,000 after buying an additional 169,341 shares during the period. A.R.T. Advisors LLC boosted its stake in Mitsubishi UFJ Financial Group by 144.8% in the first quarter. A.R.T. Advisors LLC now owns 204,392 shares of the company’s stock worth $938,000 after buying an additional 120,900 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 9.5% in the second quarter. Fisher Asset Management LLC now owns 8,504,308 shares of the company’s stock worth $37,759,000 after buying an additional 739,542 shares during the period. 0.99% of the stock is currently owned by institutional investors and hedge funds.

About Mitsubishi UFJ Financial Group

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

Receive News & Stock Ratings for Mitsubishi UFJ Financial Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi UFJ Financial Group Inc. and related stocks with our FREE daily email newsletter.