Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) shares traded down 1.4% on Wednesday . The stock traded as low as $4.80 and last traded at $4.81, with a volume of 1,424,648 shares trading hands. The stock had previously closed at $4.88.

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

The company has a market cap of $66.67 billion and a PE ratio of 7.461. The stock’s 50 day moving average is $4.68 and its 200-day moving average is $4.78.

An institutional investor recently raised its position in Mitsubishi UFJ Financial Group stock. Dimensional Fund Advisors LP increased its stake in Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,083,433 shares of the company’s stock after buying an additional 41,800 shares during the period. Dimensional Fund Advisors LP owned 0.09% of Mitsubishi UFJ Financial Group worth $75,159,000 at the end of the most recent 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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