Mitsubishi UFJ Financial Group (NYSE:MUFG) Hits New 12-Month High at $5.44

Mitsubishi UFJ Financial Group Inc (NYSE:MUFG) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $5.44 and last traded at $5.43, with a volume of 18477 shares changing hands. The stock had previously closed at $5.41.

Several equities analysts have commented on MUFG shares. TheStreet cut Mitsubishi UFJ Financial Group from a “c” rating to a “d” rating in a report on Thursday, August 8th. Keefe, Bruyette & Woods downgraded Mitsubishi UFJ Financial Group from an “outperform” rating to a “market perform” rating in a research report on Monday, November 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold”.

The company has a debt-to-equity ratio of 2.12, a current ratio of 0.92 and a quick ratio of 0.92. The stock’s 50 day simple moving average is $5.27 and its two-hundred day simple moving average is $4.94. The stock has a market cap of $73.53 billion, a price-to-earnings ratio of 7.36, a P/E/G ratio of 1.37 and a beta of 1.38.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last announced its quarterly earnings data on Wednesday, November 13th. The company reported $0.17 earnings per share (EPS) for the quarter. Mitsubishi UFJ Financial Group had a net margin of 12.04% and a return on equity of 5.88%. The company had revenue of $16.61 billion during the quarter. As a group, analysts predict that Mitsubishi UFJ Financial Group Inc will post 0.64 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. HighTower Advisors LLC lifted its holdings in shares of Mitsubishi UFJ Financial Group by 4.7% during the second quarter. HighTower Advisors LLC now owns 48,378 shares of the company’s stock valued at $233,000 after acquiring an additional 2,152 shares during the period. Ellington Management Group LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 10.7% in the 2nd quarter. Ellington Management Group LLC now owns 33,100 shares of the company’s stock worth $157,000 after purchasing an additional 3,200 shares during the last quarter. Creative Planning increased its position in shares of Mitsubishi UFJ Financial Group by 26.8% during the 3rd quarter. Creative Planning now owns 15,844 shares of the company’s stock worth $80,000 after purchasing an additional 3,349 shares in the last quarter. MML Investors Services LLC increased its position in shares of Mitsubishi UFJ Financial Group by 9.9% during the 2nd quarter. MML Investors Services LLC now owns 38,700 shares of the company’s stock worth $184,000 after purchasing an additional 3,475 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Mitsubishi UFJ Financial Group by 267.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,609 shares of the company’s stock valued at $38,000 after purchasing an additional 5,539 shares during the last quarter. 1.06% of the stock is currently owned by institutional investors and hedge funds.

Mitsubishi UFJ Financial Group Company Profile (NYSE:MUFG)

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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