Mitsubishi UFJ Financial Group Inc. (NYSE:MTU)‘s stock had its “outperform” rating reaffirmed by research analysts at Clsa Americas in a research note issued to investors on Tuesday.

Other research analysts have also recently issued reports about the stock. 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. 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. Finally, reissued an “outperform” rating on shares of Mitsubishi UFJ Financial Group in a report on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy”.

Mitsubishi UFJ Financial Group (NYSE:MTU) traded up 2.18% on Tuesday, reaching $6.08. 889,419 shares of the company’s stock were exchanged. Mitsubishi UFJ Financial Group has a 12-month low of $3.86 and a 12-month high of $6.76. The firm has a 50 day moving average of $5.18 and a 200-day moving average of $4.98. The company has a market cap of $82.57 billion, a P/E ratio of 12.41 and a beta of 1.60.

A number of hedge funds and other institutional investors have recently modified their holdings of MTU. D.A. Davidson & CO. raised its position in shares of Mitsubishi UFJ Financial Group by 358.8% in the third quarter. D.A. Davidson & CO. now owns 42,815 shares of the company’s stock valued at $214,000 after buying an additional 33,483 shares during the last quarter. Jane Street Group LLC raised its position in shares of Mitsubishi UFJ Financial Group by 127.0% in the third quarter. Jane Street Group LLC now owns 211,336 shares of the company’s stock valued at $1,067,000 after buying an additional 118,245 shares during the last quarter. Highbridge Capital Management LLC bought a new position in shares of Mitsubishi UFJ Financial Group during the third quarter valued at $894,000. Johnson Investment Counsel Inc. raised its position in shares of Mitsubishi UFJ Financial Group by 0.8% in the third quarter. Johnson Investment Counsel Inc. now owns 49,076 shares of the company’s stock valued at $247,000 after buying an additional 393 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in shares of Mitsubishi UFJ Financial Group by 148.0% in the third quarter. HighTower Advisors LLC now owns 25,970 shares of the company’s stock valued at $130,000 after buying an additional 15,499 shares during the last quarter. Institutional investors own 0.98% 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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