Mitsubishi UFJ Financial Group (NYSE:MUFG) Reaches New 12-Month High at $11.72

Mitsubishi UFJ Financial Group, Inc. (NYSE:MUFG) shares hit a new 52-week high on Wednesday . The stock traded as high as $11.72 and last traded at $11.55, with a volume of 155721 shares. The stock had previously closed at $11.03.

Mitsubishi UFJ Financial Group Stock Up 5.0 %

The stock’s fifty day moving average price is $10.66 and its 200-day moving average price is $10.18. The company has a market capitalization of $135.79 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 0.95 and a beta of 0.61.

Mitsubishi UFJ Financial Group (NYSE:MUFG) last issued its quarterly earnings results on Wednesday, May 15th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. Mitsubishi UFJ Financial Group had a net margin of 12.68% and a return on equity of 7.91%. The firm had revenue of $22.78 billion for the quarter. Analysts anticipate that Mitsubishi UFJ Financial Group, Inc. will post 0.88 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MUFG. Sage Mountain Advisors LLC raised its stake in shares of Mitsubishi UFJ Financial Group by 19.2% during the 2nd quarter. Sage Mountain Advisors LLC now owns 12,911 shares of the company’s stock worth $139,000 after purchasing an additional 2,081 shares in the last quarter. Commonwealth Equity Services LLC raised its position in Mitsubishi UFJ Financial Group by 1.0% during the second quarter. Commonwealth Equity Services LLC now owns 101,421 shares of the company’s stock worth $1,095,000 after acquiring an additional 1,002 shares in the last quarter. Rothschild Investment LLC acquired a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at $68,000. Foster Group Inc. acquired a new stake in Mitsubishi UFJ Financial Group in the second quarter valued at $108,000. Finally, Hantz Financial Services Inc. bought a new position in shares of Mitsubishi UFJ Financial Group in the 2nd quarter valued at about $1,150,000. 13.59% of the stock is owned by institutional investors and hedge funds.

About Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group, Inc operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Service Business Group; Retail & Commercial Banking Business Group; Japanese Corporate & Investment Banking Business Group; Asset Management & Investor Services Business Group; Global Corporate & Investment Banking Business Group; Global Commercial Banking Business Group; and Global Markets Business Group segments.