Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) saw an uptick in trading volume on Monday . 2,296,395 shares traded hands during trading, an increase of 52% from the previous session’s volume of 1,512,776 shares.The stock last traded at $4.44 and had previously closed at $4.34.

A number of brokerages have recently issued reports on MTU. Zacks Investment Research lowered Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Friday, June 24th. JPMorgan Chase & Co. began coverage on Mitsubishi UFJ Financial Group in a research report on Wednesday, July 6th. They set an “overweight” rating on the stock.

The firm has a market cap of $61.22 billion and a PE ratio of 6.57. The stock’s 50-day moving average price is $4.69 and its 200 day moving average price is $4.83.

A number of institutional investors have added to or reduced their stakes in the stock. Rhumbline Advisers raised its position in Mitsubishi UFJ Financial Group by 6.0% in the fourth quarter. Rhumbline Advisers now owns 160,826 shares of the company’s stock valued at $1,000,000 after buying an additional 9,076 shares during the last quarter. Wetherby Asset Management Inc. raised its position in 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 valued at $1,074,000 after buying an additional 5,079 shares during the last quarter. Comerica Bank raised its position in Mitsubishi UFJ Financial Group by 4.6% in the fourth quarter. Comerica Bank now owns 873,907 shares of the company’s stock valued at $5,086,000 after buying an additional 38,712 shares during the last quarter. Todd Asset Management LLC raised its position in 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 valued at $13,122,000 after buying an additional 11,085 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in 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 valued at $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.

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