Goldman Sachs Group Inc. lowered shares of Mitsubishi UFJ Financial Group Inc. (NYSE:MTU) from a buy rating to a neutral rating in a research note released on Wednesday.

Other analysts have also issued research reports about the company. Zacks Investment Research raised Mitsubishi UFJ Financial Group from a sell rating to a hold rating in a research note on Monday, August 22nd. Clsa Americas reaffirmed an outperform rating on shares of Mitsubishi UFJ Financial Group in a research note on Tuesday, November 15th. reaffirmed an outperform rating on shares of Mitsubishi UFJ Financial Group in a research note on Tuesday, November 15th. Finally, Daiwa Capital Markets raised Mitsubishi UFJ Financial Group from a neutral rating to an outperform rating in a research note on Friday, September 2nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company has an average rating of Hold.

Analyst Recommendations for Mitsubishi UFJ Financial Group (NYSE:MTU)

Mitsubishi UFJ Financial Group (NYSE:MTU) opened at 5.97 on Wednesday. The firm has a market cap of $81.09 billion, a price-to-earnings ratio of 13.18 and a beta of 1.60. Mitsubishi UFJ Financial Group has a 52-week low of $3.86 and a 52-week high of $6.61. The company has a 50 day moving average price of $5.35 and a 200-day moving average price of $5.05.

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A number of institutional investors have recently bought and sold shares of MTU. Capstone Asset Management Co. raised its position in Mitsubishi UFJ Financial Group by 103.2% in the third quarter. Capstone Asset Management Co. now owns 2,263,251 shares of the company’s stock worth $11,429,000 after buying an additional 1,149,455 shares in the last quarter. Parametric Portfolio Associates LLC raised its position in Mitsubishi UFJ Financial Group by 33.5% in the second quarter. Parametric Portfolio Associates LLC now owns 4,069,118 shares of the company’s stock worth $18,026,000 after buying an additional 1,021,537 shares in the last quarter. JPMorgan Chase & Co. raised its position in Mitsubishi UFJ Financial Group by 52.3% in the second quarter. JPMorgan Chase & Co. now owns 2,827,994 shares of the company’s stock worth $12,528,000 after buying an additional 970,706 shares in the last quarter. Ngam Advisors L.P. raised its position in Mitsubishi UFJ Financial Group by 198.4% in the second quarter. Ngam Advisors L.P. now owns 1,355,375 shares of the company’s stock worth $6,005,000 after buying an additional 901,163 shares in the last quarter. Finally, TD Asset Management Inc. raised its position in Mitsubishi UFJ Financial Group by 5,959.4% in the second quarter. TD Asset Management Inc. now owns 862,131 shares of the company’s stock worth $3,819,000 after buying an additional 847,903 shares in the last quarter. 0.96% of the stock is currently owned by institutional investors.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc (MUFJ) is a bank holding company. The Company’s segments include Integrated Retail Banking Business Group, Integrated Corporate Banking Business Group, Integrated Trust Assets Business Group, Integrated Global Business Group and Krungsri. The Company’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, leasing and various fields of financial services.

5 Day Chart for NYSE:MTU

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