Shares of Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) traded up 5.6% during trading on Tuesday . The stock traded as high as $4.71 and last traded at $4.69, with a volume of 1,893,459 shares changing hands. The stock had previously closed at $4.44.

Several equities analysts recently commented on MTU shares. JPMorgan Chase & Co. started coverage on shares of Mitsubishi UFJ Financial Group in a research report on Wednesday, July 6th. They issued an “overweight” rating for the company. Zacks Investment Research lowered shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research report on Friday, June 24th.

The company has a market capitalization of $64.53 billion and a PE ratio of 6.92. The company’s 50-day moving average is $4.69 and its 200 day moving average is $4.83.

A number of institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased 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 in the last quarter. Wetherby Asset Management Inc. increased 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 in the last quarter. Todd Asset Management LLC increased 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 in the last quarter. Comerica Bank increased 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 in the last quarter. Finally, Rhumbline Advisers increased 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 in 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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