Mitsubishi UFJ Financial Group Inc (NYSE:MTU) has earned a consensus rating of “Buy” from the eight ratings firms that are presently covering the firm. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company.

A number of brokerages recently issued reports on MTU. Mizuho raised Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a report on Tuesday, February 28th. Citigroup Inc raised Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating in a report on Tuesday, February 21st. Finally, Zacks Investment Research raised Mitsubishi UFJ Financial Group from a “sell” rating to a “hold” rating in a report on Wednesday, February 8th.

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A number of large investors have recently added to or reduced their stakes in the company. Miracle Mile Advisors LLC purchased a new stake in Mitsubishi UFJ Financial Group during the first quarter worth $100,000. Paloma Partners Management Co purchased a new stake in Mitsubishi UFJ Financial Group during the first quarter worth $103,000. Tiedemann Wealth Management LLC increased its stake in Mitsubishi UFJ Financial Group by 3.9% in the first quarter. Tiedemann Wealth Management LLC now owns 17,104 shares of the bank’s stock worth $108,000 after buying an additional 644 shares during the period. BlueCrest Capital Management Ltd purchased a new stake in Mitsubishi UFJ Financial Group during the first quarter worth $110,000. Finally, HPM Partners LLC purchased a new stake in Mitsubishi UFJ Financial Group during the first quarter worth $116,000. Hedge funds and other institutional investors own 0.95% of the company’s stock.

Mitsubishi UFJ Financial Group (NYSE:MTU) traded up 2.12% during mid-day trading on Friday, hitting $6.25. The stock had a trading volume of 965,925 shares. The company has a 50-day moving average of $6.28 and a 200-day moving average of $6.31. The stock has a market cap of $84.14 billion, a price-to-earnings ratio of 10.21 and a beta of 1.65. Mitsubishi UFJ Financial Group has a 12-month low of $4.16 and a 12-month high of $7.01.

Mitsubishi UFJ Financial Group (NYSE:MTU) last issued its quarterly earnings data on Monday, May 15th. The bank reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by $0.03. Mitsubishi UFJ Financial Group had a return on equity of 5.73% and a net margin of 15.64%. The business had revenue of $14.60 billion during the quarter. On average, analysts anticipate that Mitsubishi UFJ Financial Group will post $0.55 earnings per share for the current fiscal year.

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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