Mitsubishi UFJ Financial Group (MTU) Stock Rating Lowered by ValuEngine

ValuEngine cut shares of Mitsubishi UFJ Financial Group (NYSE:MTU) from a strong-buy rating to a buy rating in a report issued on Saturday, March 10th.

Separately, Daiwa Capital Markets lowered Mitsubishi UFJ Financial Group from an outperform rating to a neutral rating in a research report on Wednesday, January 10th.

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Shares of Mitsubishi UFJ Financial Group stock remained flat at $$6.64 during trading on Friday. The stock has a market capitalization of $88,244.16, a PE ratio of 10.38, a price-to-earnings-growth ratio of 1.25 and a beta of 1.64. Mitsubishi UFJ Financial Group has a 1-year low of $5.94 and a 1-year high of $8.11.

Mitsubishi UFJ Financial Group (NYSE:MTU) last announced its earnings results on Friday, February 2nd. The bank reported $0.16 EPS for the quarter. The business had revenue of $13.37 billion during the quarter. Mitsubishi UFJ Financial Group had a return on equity of 6.29% and a net margin of 16.13%. equities analysts anticipate that Mitsubishi UFJ Financial Group will post 0.68 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in the business. Eagle Asset Management Inc. raised its holdings in shares of Mitsubishi UFJ Financial Group by 16.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 61,378 shares of the bank’s stock worth $392,000 after buying an additional 8,466 shares in the last quarter. NorthCoast Asset Management LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 2.2% in the 4th quarter. NorthCoast Asset Management LLC now owns 409,945 shares of the bank’s stock valued at $2,980,000 after buying an additional 8,632 shares during the period. Corient Capital Partners LLC increased its stake in shares of Mitsubishi UFJ Financial Group by 10.4% in the 4th quarter. Corient Capital Partners LLC now owns 91,903 shares of the bank’s stock valued at $668,000 after buying an additional 8,671 shares during the period. Geode Capital Management LLC boosted its position in shares of Mitsubishi UFJ Financial Group by 19.6% in the 4th quarter. Geode Capital Management LLC now owns 55,367 shares of the bank’s stock worth $402,000 after purchasing an additional 9,069 shares during the last quarter. Finally, Assetmark Inc. boosted its position in shares of Mitsubishi UFJ Financial Group by 108.4% in the 3rd quarter. Assetmark Inc. now owns 17,553 shares of the bank’s stock worth $113,000 after purchasing an additional 9,132 shares during the last quarter. Institutional investors own 1.00% of the company’s stock.

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Mitsubishi UFJ Financial Group Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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