Mitsubishi UFJ Financial Group (MUFG) Upgraded at ValuEngine

Mitsubishi UFJ Financial Group (NYSE:MUFG) was upgraded by equities research analysts at ValuEngine from a “strong sell” rating to a “sell” rating in a research note issued on Thursday, ValuEngine reports.

A number of other analysts have also commented on MUFG. Zacks Investment Research lowered Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a report on Monday. UBS Group raised Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a report on Thursday, March 7th. Two research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold”.

Shares of Mitsubishi UFJ Financial Group stock traded down $0.07 on Thursday, reaching $4.97. The company’s stock had a trading volume of 781,337 shares, compared to its average volume of 1,258,250. The firm has a market cap of $65.40 billion, a price-to-earnings ratio of 7.00, a PEG ratio of 1.71 and a beta of 1.46. Mitsubishi UFJ Financial Group has a 52 week low of $4.64 and a 52 week high of $6.87.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last posted its earnings results on Monday, February 4th. The company reported $0.16 EPS for the quarter. The business had revenue of $14.61 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.30% and a net margin of 15.31%. On average, research analysts expect that Mitsubishi UFJ Financial Group will post 0.69 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP bought a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter worth $66,472,000. LMR Partners LLP grew its holdings in shares of Mitsubishi UFJ Financial Group by 231.3% in the fourth quarter. LMR Partners LLP now owns 10,370,424 shares of the company’s stock worth $50,855,000 after acquiring an additional 7,240,320 shares during the period. NINE MASTS CAPITAL Ltd grew its holdings in shares of Mitsubishi UFJ Financial Group by 322.2% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 5,925,264 shares of the company’s stock worth $28,856,000 after acquiring an additional 4,521,805 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Mitsubishi UFJ Financial Group in the third quarter worth $20,720,000. Finally, Fisher Asset Management LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 128.8% in the fourth quarter. Fisher Asset Management LLC now owns 2,375,919 shares of the company’s stock worth $11,571,000 after acquiring an additional 1,337,336 shares during the period. 1.10% of the stock is owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Company Profile

Mitsubishi UFJ Financial Group, Inc, a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services.

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