Mitsubishi UFJ Financial Group Inc (NYSE:MTU) has been assigned an average rating of “Buy” from the five brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company.

MTU has been the topic of several research reports. BidaskClub cut Mitsubishi UFJ Financial Group from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. ValuEngine cut Mitsubishi UFJ Financial Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Zacks Investment Research cut Mitsubishi UFJ Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 5th.

Mitsubishi UFJ Financial Group (NYSE MTU) opened at $6.98 on Thursday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.76. Mitsubishi UFJ Financial Group has a one year low of $5.94 and a one year high of $7.15. The company has a market capitalization of $95,482.25, a PE ratio of 9.74 and a beta of 1.65.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Counselors Inc. raised its stake in Mitsubishi UFJ Financial Group by 2.7% during the second quarter. Financial Counselors Inc. now owns 34,142 shares of the bank’s stock valued at $230,000 after buying an additional 895 shares in the last quarter. Moors & Cabot Inc. raised its stake in Mitsubishi UFJ Financial Group by 3.8% during the second quarter. Moors & Cabot Inc. now owns 68,505 shares of the bank’s stock valued at $462,000 after buying an additional 2,500 shares in the last quarter. Advisor Group Inc. raised its stake in Mitsubishi UFJ Financial Group by 18.1% during the second quarter. Advisor Group Inc. now owns 18,700 shares of the bank’s stock valued at $126,000 after buying an additional 2,869 shares in the last quarter. HighTower Advisors LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 13.7% during the second quarter. HighTower Advisors LLC now owns 24,147 shares of the bank’s stock valued at $162,000 after purchasing an additional 2,911 shares during the last quarter. Finally, Ballentine Partners LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 21.2% during the second quarter. Ballentine Partners LLC now owns 18,627 shares of the bank’s stock valued at $119,000 after purchasing an additional 3,263 shares during the last quarter. Hedge funds and other institutional investors own 1.04% of the company’s stock.

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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.

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