Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) was downgraded by Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday.

MTU has been the topic of several other reports. 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. 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. Clsa Americas reissued an “outperform” rating on shares of Mitsubishi UFJ Financial Group in a research note on Tuesday, November 15th. Finally, reissued an “outperform” rating on shares of Mitsubishi UFJ Financial Group in a research note on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of “Hold”.

Analyst Recommendations for Mitsubishi UFJ Financial Group (NYSE:MTU)

Shares of Mitsubishi UFJ Financial Group (NYSE:MTU) traded down 0.81% during trading on Wednesday, hitting $6.16. The stock had a trading volume of 624,401 shares. The company has a market capitalization of $83.67 billion, a price-to-earnings ratio of 13.33 and a beta of 1.60. Mitsubishi UFJ Financial Group has a 52 week low of $3.86 and a 52 week high of $6.62. The company’s 50 day moving average price is $5.26 and its 200 day moving average price is $5.02.

A number of large investors have recently added to or reduced their stakes in the company. Aristotle Capital Management LLC boosted its stake in Mitsubishi UFJ Financial Group by 1.3% in the second quarter. Aristotle Capital Management LLC now owns 24,523,640 shares of the company’s stock valued at $108,640,000 after buying an additional 320,715 shares during the last quarter. Northern Trust Corp boosted its stake in Mitsubishi UFJ Financial Group by 2.9% in the third quarter. Northern Trust Corp now owns 8,656,193 shares of the company’s stock valued at $43,713,000 after buying an additional 240,033 shares during the last quarter. 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 valued at $37,759,000 after buying an additional 739,542 shares during the last quarter. Aperio Group LLC boosted its stake in Mitsubishi UFJ Financial Group by 7.4% in the third quarter. Aperio Group LLC now owns 4,135,231 shares of the company’s stock valued at $20,883,000 after buying an additional 283,816 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its stake in Mitsubishi UFJ Financial Group by 33.5% in the second quarter. Parametric Portfolio Associates LLC now owns 4,069,118 shares of the company’s stock valued at $18,026,000 after buying an additional 1,021,537 shares during the last quarter. Hedge funds and other institutional investors own 0.98% of the company’s stock.

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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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