Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) saw unusually-high trading volume on Tuesday . Approximately 1,902,056 shares traded hands during mid-day trading, an increase of 19% from the previous session’s volume of 1,598,635 shares.The stock last traded at $4.25 and had previously closed at $4.42.

MTU has been the subject of a number of research analyst reports. Zacks Investment Research cut Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Monday, March 21st. JPMorgan Chase & Co. initiated coverage on Mitsubishi UFJ Financial Group in a research report on Wednesday. They issued an “overweight” rating for the company.

The stock has a market capitalization of $58.81 billion and a price-to-earnings ratio of 6.452. The firm’s 50-day moving average price is $4.72 and its 200 day moving average price is $4.88.

Several large investors have recently modified their holdings of MTU. Rhumbline Advisers increased its stake in shares of Mitsubishi UFJ Financial Group by 6.0% in the fourth quarter. Rhumbline Advisers now owns 160,826 shares of the company’s stock worth $1,000,000 after buying an additional 9,076 shares during the period. Wetherby Asset Management Inc. increased its position in shares of Mitsubishi UFJ Financial Group by 3.0% in the fourth quarter. Wetherby Asset Management Inc. now owns 172,549 shares of the company’s stock worth $1,074,000 after buying an additional 5,079 shares during the last quarter. Comerica Bank increased its position in shares of Mitsubishi UFJ Financial Group by 4.6% in the fourth quarter. Comerica Bank now owns 873,907 shares of the company’s stock worth $5,086,000 after buying an additional 38,712 shares during the last quarter. Todd Asset Management LLC increased its position in shares of Mitsubishi UFJ Financial Group by 0.5% in the fourth quarter. Todd Asset Management LLC now owns 2,109,711 shares of the company’s stock worth $13,122,000 after buying an additional 11,085 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Mitsubishi UFJ Financial Group by 0.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 12,083,433 shares of the company’s stock worth $75,159,000 after buying an additional 41,800 shares during the last quarter.

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company is a bank holding company for The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), Mitsubishi UFJ Trust and Banking Corporation (MUTB), Mitsubishi UFJ Securities Holdings Co, Ltd. (MUSHD), Mitsubishi UFJ Morgan Stanley Securities Co, Ltd.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.