Mitsubishi UFJ Financial Group Inc. (MTU) Shares Up 3.8%
Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) was up 3.8% during mid-day trading on Monday . The stock traded as high as $5.25 and last traded at $5.22, with a volume of 1,665,390 shares traded. The stock had previously closed at $5.03.
Several equities research analysts have recently issued reports on MTU shares. Zacks Investment Research lowered shares of Mitsubishi UFJ Financial Group from a “hold” rating to a “sell” rating in a research note on Friday, June 24th. JPMorgan Chase & Co. started coverage on shares of Mitsubishi UFJ Financial Group in a research note on Wednesday, July 6th. They set an “overweight” rating on the stock.
The company has a market capitalization of $70.89 billion and a PE ratio of 10.40. The firm has a 50-day moving average of $4.71 and a 200-day moving average of $4.71.
A hedge fund recently raised its stake 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 disclosure with the Securities and Exchange Commission (SEC). The firm 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 approximately 0.09% of Mitsubishi UFJ Financial Group worth $75,159,000 at the end of the most recent reporting period.
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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