
Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG – Free Report) – Research analysts at Erste Group Bank cut their FY2027 earnings per share (EPS) estimates for shares of Mitsubishi UFJ Financial Group in a research note issued on Monday, July 27th. Erste Group Bank analyst H. Engel now forecasts that the company will earn $1.48 per share for the year, down from their prior forecast of $1.49. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Mitsubishi UFJ Financial Group’s current full-year earnings is $1.47 per share.
A number of other equities research analysts have also recently issued reports on the company. Weiss Ratings cut Mitsubishi UFJ Financial Group from a “buy (b)” rating to a “hold (c)” rating in a research note on Tuesday, July 14th. Mitsubishi UFJ Financial Group started coverage on shares of Mitsubishi UFJ Financial Group in a research report on Thursday, June 25th. They set a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Mitsubishi UFJ Financial Group presently has a consensus rating of “Moderate Buy”.
Mitsubishi UFJ Financial Group Stock Up 2.4%
MUFG stock opened at $22.48 on Friday. The stock has a fifty day moving average of $20.73 and a 200-day moving average of $18.99. Mitsubishi UFJ Financial Group has a fifty-two week low of $13.62 and a fifty-two week high of $23.25. The company has a market capitalization of $266.73 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 1.06 and a beta of 0.39. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.98 and a current ratio of 0.98.
Hedge Funds Weigh In On Mitsubishi UFJ Financial Group
Institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC grew its holdings in shares of Mitsubishi UFJ Financial Group by 43.8% during the first quarter. AQR Capital Management LLC now owns 334,909 shares of the company’s stock worth $4,565,000 after purchasing an additional 101,930 shares in the last quarter. Focus Partners Wealth increased its position in shares of Mitsubishi UFJ Financial Group by 14.8% in the first quarter. Focus Partners Wealth now owns 15,959 shares of the company’s stock worth $218,000 after purchasing an additional 2,058 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Mitsubishi UFJ Financial Group by 245.3% in the first quarter. Geneos Wealth Management Inc. now owns 4,790 shares of the company’s stock valued at $65,000 after purchasing an additional 3,403 shares in the last quarter. Acadian Asset Management LLC lifted its position in Mitsubishi UFJ Financial Group by 104.1% during the first quarter. Acadian Asset Management LLC now owns 41,909 shares of the company’s stock valued at $571,000 after purchasing an additional 21,379 shares during the last quarter. Finally, Sivia Capital Partners LLC lifted its position in Mitsubishi UFJ Financial Group by 68.8% during the second quarter. Sivia Capital Partners LLC now owns 35,190 shares of the company’s stock valued at $483,000 after purchasing an additional 14,347 shares during the last quarter. 13.59% of the stock is currently owned by institutional investors.
Mitsubishi UFJ Financial Group Company Profile
Mitsubishi UFJ Financial Group, Inc (MUFG) is a Tokyo-based financial services holding company and one of Japan’s largest banking groups and among the world’s leading financial institutions. The group was formed through the integration of Mitsubishi Tokyo Financial Group and UFJ Holdings and operates a comprehensive suite of banking and financial services for retail, corporate, and institutional clients. MUFG’s core banking operations are conducted through its commercial banking arm and a network of domestic and international subsidiaries and affiliates.
MUFG offers a broad range of products and services including commercial and retail banking, corporate and investment banking, global transaction banking, trust banking, asset management, securities and brokerage services, credit cards, consumer finance, leasing and custody services.
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